When will my first mortgage payment be?

 

Your first mortgage payment is normally more than your regular monthly payment. That's because it includes an initial interest payment. This covers the interest for the days between the date you move in and the end of that month.

 

Mortgage Offer

The dates specified in your Key Facts Illustration and in your Mortgage Offer are provisional dates based on the anticipated it time it usually takes for a property purchase to complete.

Once the solicitor confirms completion with all parties involved, your mortgage lender will write to you to let you know when your first payment is due.


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