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  • FIRST POST
    • Dan83
    • By Dan83 14th Apr 18, 6:27 PM
    • 646Posts
    • 259Thanks
    Dan83
    Mortgage over payment.
    • #1
    • 14th Apr 18, 6:27 PM
    Mortgage over payment. 14th Apr 18 at 6:27 PM
    Hi,

    My mortgage is with the Halifax. If I made a regular over payment from a different bank account that my mortgage is paid from, would it be a standing order or a direct debit?

    Thank
Page 1
    • Flower1976
    • By Flower1976 14th Apr 18, 8:26 PM
    • 77 Posts
    • 127 Thanks
    Flower1976
    • #2
    • 14th Apr 18, 8:26 PM
    • #2
    • 14th Apr 18, 8:26 PM
    Hi Dan
    If you are sending the payment to Halifax it will be a standing order.
    Regards Flower
    • Old Git
    • By Old Git 15th Apr 18, 1:40 AM
    • 4,295 Posts
    • 3,740 Thanks
    Old Git
    • #3
    • 15th Apr 18, 1:40 AM
    • #3
    • 15th Apr 18, 1:40 AM
    three ways doing this .
    1 contact Halifax and increase your DD payment
    2 set up a standing order to pay an additional amount
    3 make an additional payment online as and when you want .
    "Do not regret growing older, it's a privilege denied to many"
    • Dan83
    • By Dan83 15th Apr 18, 8:32 AM
    • 646 Posts
    • 259 Thanks
    Dan83
    • #4
    • 15th Apr 18, 8:32 AM
    • #4
    • 15th Apr 18, 8:32 AM
    Thanks for the replies !!!55357;!!!56397;
    • enthusiasticsaver
    • By enthusiasticsaver 15th Apr 18, 3:34 PM
    • 6,386 Posts
    • 13,114 Thanks
    enthusiasticsaver
    • #5
    • 15th Apr 18, 3:34 PM
    • #5
    • 15th Apr 18, 3:34 PM
    I would do a separate standing order.
    Debt free and mortgage free and early retiree. Living the dream

    I'm a Board Guide on the Debt-Free Wannabe, Mortgages and Endowments, Banking and Budgeting boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Any views are mine and not the official line of moneysavingexpert.com. Pease remember, board guides don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com
    • dcfc67
    • By dcfc67 15th Apr 18, 3:53 PM
    • 30 Posts
    • 23 Thanks
    dcfc67
    • #6
    • 15th Apr 18, 3:53 PM
    • #6
    • 15th Apr 18, 3:53 PM
    i make overpayments. to keep things simple i called my bank told them what i was going to do. They put a note on my file.
    Every time i make an overpayment it comes from the same bank as my regular payment its easy for me to track and manage/ view on annual statements.

    If you have other bank accounts why not transfer the money into account which funds your mortgage
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