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Mortgage Payment After Selling

2 replies

Bunnyxo · 18/11/2024 20:00

Hello

I need some help - can’t wrap my head around it just now, too many numbers!

I sold my house on Friday 15th and have moved in with family so no other mortgage has been set up
My original mortgage payment date was the 18th so a payment has come out today

Am I right in saying this is an overlap between the normal direct debit date and the mortgage being redeemed on the 15th? The amount on the redemption statement didn’t include this extra payment

Sorry for silly questions my brain just isn’t computing🙃

OP posts:
TheNoonBell · 18/11/2024 20:09

It probably takes a while to go through, more so as your sale was just before the weekend. Give the bank a call tomorrow and ask.

Doris86 · 18/11/2024 20:19

Probably a timing issue. I think direct debits have to be cancelled a few days in advance otherwise they still come out.

Speak to your bank, but they will eventually notice and automatically refund if anything has been taken in error

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