How do you pay off a chunk of your mortgage?

KTF

My fixed rate with the Halifax is coming to an end in September so I am looking to remortgage rather than go to the base rate.

In the time that i have been on the fixed rate I have saved like mad and now have a chunk of money that could be used to reduce the mortgage so the remortgage would be for a lesser amount.

My question is how do I go about this? Do I pay the Halifax before the deal runs out (I assume this will attract a charge) or do I pay the new lender or does something happen in the 'void' when the mortgage changes over?

Can anyone tell me what the process is?

Figures:
Initial mortgage: 93k with 87(ish) remaining at the moment.
Lump sum: 10-15k depending on how much risk I want to take.

MarkyMarkD

You give the extra money to your solicitor who will then use it, along with the remortgage funds, to pay off the Halifax.

Easy peasy.