Mortgage Overpayments
Making a lump sum repayment during the Fixed Rate Period.
You can make a lump sum overpayment during the Fixed Rate Period without incurring an Early Repayment Charge provided the overpayment:
- Is a maximum of 10% of the outstanding balance of your loan;
- Is made by way of a one off lump sum overpayment; and
- Is made once during any calendar year being the period from 1 January to 31 December
In all other cases, the Early Repayment Charge referred to in the “Early Repayment” section of your mortgage illustration and offer, will apply to any additional lump sum overpayment. If you have a Fixed Rate mortgage, you can contact us using secure mail via the Mobile Banking app or eBanking or call our mortgage customer line. Our team will confirm if any Early Repayment Charges apply and process your request.
Send us a secure mail via the Mobile Banking app or eBanking
