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What is the anniversary of my mortgage??
jb_lord
Posts: 66 Forumite
Hi. Hoping someone can advise - I have a nationwide mortgage on which I'm making overpayments. I'm probably not going to manage to get near the 10% a year limit but what is 'a year'? Is it:
A. The anniversary of date I took the mortgage out?
B. The anniversary of date I fixed a new deal?
C. The end of the calender year?
All three are different and i can't find it anywhere on my mortgage statement that clearly defines it.
A. The anniversary of date I took the mortgage out?
B. The anniversary of date I fixed a new deal?
C. The end of the calender year?
All three are different and i can't find it anywhere on my mortgage statement that clearly defines it.
2018 MFW #60 £1200/£6000
2017 MFW #60. £3902.22/£2500
2016 MFW #60. £2175.51/£5000
2017 MFW #60. £3902.22/£2500
2016 MFW #60. £2175.51/£5000
0
Comments
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Ring them and ask (that's what I did, they were very helpful
)
For me, it was A&B (for me they are the same date)Everything will be alright in the end so, if it’s not yet alright, it means it’s not yet the endQuidquid Latine dictum sit altum videtur0 -
Nationwide, its a year from completion and so on.I am a Mortgage Broker.
You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice0
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