Remortgage Completion Question

doglover34

Ok, so offer in from Natwest, and I know this is a stupid question but my Fixed Term ends on 30th November.  The ERC is £8k so I want to avoid this - do I ask the solicitor to complete the new mortgage on the 30th November or the 1st December?
I've done this process a few times now, but I cant remember and I don't want the EPC charge so I'm guessing its the 1st - is this right? 
TIA

K_S

doglover34 said:

Ok, so offer in from Natwest, and I know this is a stupid question but my Fixed Term ends on 30th November.  The ERC is £8k so I want to avoid this - do I ask the solicitor to complete the new mortgage on the 30th November or the 1st December?
I've done this process a few times now, but I cant remember and I don't want the EPC charge so I'm guessing its the 1st - is this right? 
TIA

@doglover34 You're right, it's the 1st. With all the lenders I've seen, an ERC is due if you repay 'on or before' the fix end date.

If the solicitor were to do what they're supposed to, even if you asked for the 30th, your solicitor should point out that that would incur an ERC, but can't take that for granted.

doglover34

ohhh super thanks, sorry I had a brain fart LOL