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Mortgage end date

My 2 year fixed mortgage is ends on the 2nd of January i am planning to make a big lump sum payment. Will the end day be on the 1st of January at midnight or on the 2nd any ideas? Thanks. 

Comments

  • Edi81
    Edi81 Posts: 1,513 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Personally I would make the payment on the 3rd of January. 
  • MWT
    MWT Posts: 10,723 Forumite
    10,000 Posts Sixth Anniversary Name Dropper
    Gam2015 said:
    My 2 year fixed mortgage is ends on the 2nd of January i am planning to make a big lump sum payment. Will the end day be on the 1st of January at midnight or on the 2nd any ideas? Thanks. 
    Play it safe and do it on the 3rd.
  • amnblog
    amnblog Posts: 12,781 Forumite
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    edited 28 December 2023 at 8:44AM
    It ends on the 2nd so early redemption penalties apply on the 2nd
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, 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.
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