Your first payment will be 7 working days after your mortgage completes, or your preferred payment date, whichever is later.

You can choose your first payment date to be up to one month after your completion day (the day the property becomes yours, legally).

For example, if you complete on 12 September, you will need to select a payment date between 12 September and 11 October.

Your monthly payment amount will be the same regardless of when you choose to pay in the month. Nothing more, nothing less.

From month two onwards, your payment will be taken on your chosen payment date. However, it is worth noting it can take up to 5 working days for your payment to clear.

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