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Mortgage overpayment direct debit impact

4 replies

LJ642 · 01/11/2025 18:06

Hello! We’ve overpaid our mortgage by 10k this month. Half yesteday half today. Our usual mortgage direct debit however hasn’t come out today. Why would this be?! We selected the option to reduce mortgage term not monthly direct payments - ie despite overpayment of 10k we still want to make the same monthly mortgage payments as usual! V confused and can’t call the bank until Monday

OP posts:
OldGothsFadeToGrey · 01/11/2025 18:07

Probably because it’s Saturday.

LaserPumpkin · 01/11/2025 18:08

Mine usually comes out on the Monday if 1st is a weekend or bank holiday - is it just that?

Hummusanddipdip · 01/11/2025 18:09

It'll be because its the weekend. My dd comes out on the 1st, unless it's a weekend or a bankholiday, then it comes out on the next working day.

LJ642 · 01/11/2025 18:09

Oh! Thanks! Feel silly now 😂

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