We've just remortgaged, we came to the end of our fixed interest period (December 1st) so have gone to a different lender.
We paid NatWest £921 on December 1st, we completed new mortgage on December 8th (should've been 1st solicitor cocked up)
Our ongoing mortgage payments with new lender will be £1472 on the 8th of each month. New lender is saying the first payment will be £2403 to account for interest in December.
NatWest say mortgage payments are always taken in arrears so the December payment covers us for November. So why are new lenders asking for December in arrears and seemingly January in advance all at once? We've moved lenders before and never had this issue.
Having said that we've never used the conveyancer we did this time and it's been a nightmare.