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When will my first (Halifax) mortgage payment be?

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We are completing on the 28th February 2019, when will my first mortgage payment due.

Is this right 28th February 2019 completion

No mortgage payment in March

First mortgage payment April

Is that's right?

Comments

  • iquit
    iquit Posts: 1,939 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I am with a different bank, completed end of January 2019, first mortgage payment due end February 2019. I received a completion statement from my bank the day they released funds to my solicitor which was day before completion. I hope that helps.
    2019 MFW No. 74 £13700/£30000 (45.66%)
    12k in 2018 No. 98 £6274.19/£18000 (34.85%)

    BTL (start) £97440.00 (current) £68000.00
    Residential (start) £275000.00 (current) £268000.00
  • kingstreet
    kingstreet Posts: 39,258 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    It depends on when you have requested your payments be made. For example, first payment mid-March for March then April's payment at the beginning of April.

    If at the month-end, end of March then end of April.

    https://www.halifax-intermediaries.co.uk/pdf/info-about-your-mortgage_10_.pdf

    See page nine.

    This leaflet was supposed to accompany your offer!

    Halifax (and other building societies and former building societies collect in advance, clearing banks such as HSBC collect in arrears.)
    I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.
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