Paying off mortgage but leaving further advance?


I have a mortgage with nationwide of £52,000. I also have a further advance of £23,000. Two separate accounts. The main mortgage has a substantially higher interest rate than the further advance. Within the next 7 months, it is possible to pay the mortgage of £52,000 completely. Is it possible to pay off a main mortgage, but leave a gutter advance?

many thanks,



  • jackieblack
    jackieblack Forumite Posts: 10,217
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 26 July at 8:33AM
    When I made a similar enquiry a few weeks ago (prior to taking some additional lending)  I was told you need to leave £1.00 owing on the main mortgage 
    2.22kWp Solar PV system installed Oct 2010, Fronius IG20 Inverter, south facing (-5 deg), 30 degree pitch, no shading
    Everything will be alright in the end so, if it’s not yet alright, it means it’s not yet the end
    MFW #4 OPs: 2018 £866.89, 2019 £1322.33, 2020 £1337.07, 2021 (offset) £1250.00, 2022 (offset) £1500.00
    Target for 2023 (offset) = £1500, YTD £1000
    Quidquid Latine dictum sit altum videtur
  • darkcloudi
    darkcloudi Forumite Posts: 550
    Part of the Furniture 100 Posts Combo Breaker
    From memory, I recall when I spoke to Nationwide when i also took a further advance, they said the primary mortgage account won't close if the further advance still existed.

    My situation is that the further advance has an extra year in terms of when it ends compared to the primary. Hence, primary will be paid off sooner. They didn't mention about leaving a balance like the post above, but guess it makes sense.
  • dimbo61
    dimbo61 Forumite Posts: 13,685
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    It makes sense  to pay down the most expensive part of the mortgage provided there are No ERC s to pay ? 
    Speak to the Lender direct as each lender tends to do things slightly  differently. 
    If you can clear the £52,000 well done
Meet your Ambassadors


  • All Categories
  • 338.7K Banking & Borrowing
  • 248.6K Reduce Debt & Boost Income
  • 447.5K Spending & Discounts
  • 230.6K Work, Benefits & Business
  • 600.7K Mortgages, Homes & Bills
  • 171K Life & Family
  • 243.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards