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how does the mtg changeover work?
Doglover88
Posts: 431 Forumite
apologies if this is a stupid question but im coming to the end of my 5yr fixed deal and wondered how the actual 'changeover' works? I completed the purchase of my house on 14th of the month (say, November) so will my last payment to my current lender be on 1st November, and will it be for a full months money? Or does my new mortgage company take over etc? Im worried about being charged double for the month! I know people swap mortgages everyday just wondered how it actually worked
thanks in advance
thanks in advance
0
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