Early repayment charges
We want to give you as much flexibility as possible with your mortgage. If you choose one of our special mortgage products, such as fixed, tracker, discounted and capped mortgages, and you decide to pay off your loan early, you may have an early repayment charge.
Early repayment charges can apply when you:
- pay off your mortgage in full (redemption)
- repay more than the overpayment limits allowed
- transfer to a new mortgage product (in full or part).
The period during which an Early Repayment Charge could be made is known as an Early Repayment Charge period. Any Early Repayment Charges and the period that they apply to your mortgage will be detailed in your Mortgage Illustration and your mortgage offer.