Your overpayment(s) will be allocated to your mortgage sub account(s) in the same way that your normal monthly payment is split across your sub-accounts.
Example: If 40% of your monthly payment is allocated to sub-account 1, with the remaining 60% allocated to sub-account 2, any overpayments will be split in the same way.
If you wish to change how your overpayment(s) are allocated, please call us.
If no instructions are provided, your lump sum payment will be allocated to your mortgage sub account (s) in a way that is most beneficial to you.
For example, we will allocate the lump sum payment to your account with the highest interest rate first. Please note, if you have a mixture of Interest Only and Capital Repayment sub accounts, we will allocate the lump sum payment to the Interest Only account with the highest interest rate first. If you wish to change how your overpayment(s) are allocated, please contact us.
0345 30 20 190, Relay UK - 18001 0345 30 20 190. Open Monday to Friday 8am - 8pm, Saturday 9am - 4pm (excluding public holidays). Calls may be recorded.