Here are some examples to show you how much of a difference overpaying can make. An amount that you choose to pay on top of your usual payment Example The following examples use an outstanding balance of £80,000 over 10 years on an interest rate of 9.39%*. *These calculations are for illustrative purposes only and …
Ways to make an overpayment
We’ve made it as easy as possible for you to make overpayments:
Changing your payment due date
We can change your payment due date to be earlier or later (for example, to match the date you get paid), as long as the new date is within the same month.
Is this message from Landmark?
We’ve launched new interactive messaging services. These messages come from different telephone numbers to the ones we usually use to contact you. So that you’ll recognise them in future, you may want to add these numbers to your address book. The only personal information we’ll ever ask you for in an interactive message is your …
Loyalty rate
The Landmark Mortgages Loyalty Rate is a discount of 0.25% from our Standard Variable Rate and applies if you meet all of the following criteria:
Standard variable rate (SVR)
Our SVR is an interest rate set by us in accordance with the Terms & Conditions of your loan. It’s not linked to the Bank of England base rate. You can check if your loan is linked to our SVR by calling us or checking your Offer of Loan or credit agreement. Whenever we change …
Discounted rate
A discounted rate offers a set discount off either a Product Variable Rate (PVR) or a Standard Variable Rate (SVR) for a specific, initial term. Once the discounted rate period ends, you will then usually revert to one of the variable rates detailed below. The minimum interest rate that can be charged is 0.001%.
Tracker rate
A tracker rate will track at a set percentage above or below another rate (often the Bank of England base rate) for a specified term. Your Terms and Conditions will state details of which rate your mortgage is tracking against.