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Barclays o/p taken off 2 mortgages rather than 1
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liamcov
Posts: 644 Forumite


I have 2 mortgage products with Barclays listed as separate accounts (but for the same property).
I made an o/p on M1 (the higher interest mortgage) but it has been taken off both products.
Is there any way to avoid them doing this, as I'd rather use any o/p to reduce M1 only due to the interest rate?
Thanks
I made an o/p on M1 (the higher interest mortgage) but it has been taken off both products.
Is there any way to avoid them doing this, as I'd rather use any o/p to reduce M1 only due to the interest rate?
Thanks
0
Comments
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Have you asked Barclays?I am a Mortgage AdviserYou 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.0
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No and if you read my recent post in 'Mortgage overpayments not reducing term!' you'll see why I'm reluctant to do so.0
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Are you saying that you used the reference number (usually the mortgage account number) for M1 when making the OP and they applied it 50-50 to M1 and M2?
That's very odd. But yes, you probably have to ask them what's going on.I have 2 mortgage products with Barclays listed as separate accounts (but for the same property).
I made an o/p on M1 (the higher interest mortgage) but it has been taken off both products.
Is there any way to avoid them doing this, as I'd rather use any o/p to reduce M1 only due to the interest rate?
Thanks0
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