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When do my mortgage payments start?

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I am close to closing a deal on a house, should be looking to completion around mid aug to early sept.

My mortgage payments come out on the first of the month, if i move mid month do i get 2 weeks free? or do I pay part month?

Comments

  • payless
    payless Posts: 6,957 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    does depend on which lender you are with - most common is that if you move mid Aug, your payment on 1st Sept ( you have been told/ selected 1st of minth) will be for 6 weeks- they usually send you a letter - but suggest you call them to confirm
    Any posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.
  • DilbertJones
    DilbertJones Posts: 670 Forumite
    yeah i will contact them when dates are confirmed, its just that I rent at the moment, so will likely be paying rent & Mortgage for a copule of weeks if not a month!!!

    Shame, but might no be able to help it.
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