Nationwide new BMR and overpayments

Hi

Received letter from Nationwide about new BMR have been paying £224 with additional over payment of £275 per month.

I have approx £20K in over payments and £13k left on mortgage with end 2023, but sooner I hope.

Consequently my payments will reduce from £224 to £170 from 1st Dec

1.Can I ask nationwide to keep the payments the same?

2.Increase the over payment by the difference ie £275 plus £54?

Looking to pay off as soon as possible which is is the better option?

Thanks

Replies

This discussion has been closed.
Latest MSE News and Guides

Boost your Nectar points

Get up to £25 in bonus points

MSE News

Ask an Expert: Scams

Watch MSE Katie's answers to your questions

MSE Forum

Hot Diamonds 40% off code

Including already-reduced outlet stock

MSE Deals