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redemption figure Halifax - timing?

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artful
artful Posts: 2 Newbie
edited 21 March 2018 at 12:09PM in Mortgages & endowments
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  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Solicitor will request it shortly before the expiry date. I'm sure they will.
  • Nothing to worry about. Optima will request a revised redemption figure nearer the time when you want to complete. Just chase Optima towards the end of July to make sure everything is in place for completion early August.
    I am a Mortgage Adviser

    You should note that this site doesn't check my status as a mortgage adviser, 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 advice.
  • As long as it's a week day and not a bank holiday, there's no reason they cannot complete on the 1st August. Ideally, the redemption statement would be requested after you make your July's payment to Halifax, so that the reduced balance is taken into account (assuming you are on a repayment mortgage).
    I am a Mortgage Adviser

    You should note that this site doesn't check my status as a mortgage adviser, 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 advice.
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