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Mortgage over payment.
Dan83
Posts: 673 Forumite
Hi,
My mortgage is with the Halifax. If I made a regular over payment from a different bank account that my mortgage is paid from, would it be a standing order or a direct debit?
Thank
My mortgage is with the Halifax. If I made a regular over payment from a different bank account that my mortgage is paid from, would it be a standing order or a direct debit?
Thank
0
Comments
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Hi Dan
If you are sending the payment to Halifax it will be a standing order.
Regards Flower0 -
three ways doing this .
1 contact Halifax and increase your DD payment
2 set up a standing order to pay an additional amount
3 make an additional payment online as and when you want ."Do not regret growing older, it's a privilege denied to many"0 -
Thanks for the replies !!!55357;!!!56397;0
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I would do a separate standing order.I’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
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Click on this link for a Statement of Accounts that can be posted on the DebtFree Wannabe board: https://lemonfool.co.uk/financecalculators/soa.php0 -
i make overpayments. to keep things simple i called my bank told them what i was going to do. They put a note on my file.
Every time i make an overpayment it comes from the same bank as my regular payment its easy for me to track and manage/ view on annual statements.
If you have other bank accounts why not transfer the money into account which funds your mortgage0
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