Yes. Make your payment in the normal way and then send us a secure message using our secure self-serve facility to tell us which sub account you want the payment to go to. Each sub account has its own account number, so it’s best to quote this. You can find this information on the account …
What’s the difference between my mortgage and unsecured loan?
Your mortgage is secured against your property, whereas an unsecured loan is not. Your mortgage may be made up of more than one loan, which we call sub accounts. You could have more than one sub account because you took out a further advance on your mortgage. Each sub account has its own account number. …
Am I entitled to a loyalty discount?
No. You’re not eligible for a loyalty discount if you have a Together mortgage.
Can I pay off just my unsecured loan and not my mortgage?
Yes, you can pay off your unsecured loan at any time. To find out how much you owe and how to make the payment, you will need a redemption statement. You can request one by:
Can I pay off just my mortgage and not my unsecured loan?
Yes, but if you do this the interest rate on your loan will increase to no more than 8% above the Standard Variable Rate. You can find out exactly how much it will increase to by checking your original mortgage offer or by calling us on 0300 159 7152. Phone lines are open Monday to Friday …
Can I make overpayments to my Together loan?
Yes, there’s no limit to the amount you can overpay by. You can choose to make regular overpayments, for example by paying an extra £100 each month, or lump sum overpayments. Making overpayments will reduce the amount of interest you will pay over the term of your loan. You can find out how to make …
What is a Together loan?
It’s a mortgage and a ‘linked’ unsecured loan which run side by side. You make one payment to us each month which covers both the mortgage and the loan.
Can I rent out my property when I have a lifetime mortgage?
No. The terms and conditions of your lifetime mortgage require you to live in the property. If you want to rent out the property, you’ll need to repay the outstanding mortgage balance.