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  2. Residential Lending Criteria

Overpayment Allowance

All of our mortgage products allow customers to overpay up to 10% of the outstanding balance as at the start of each year, which applies from the date of Completion and then each year on the anniversary of this date until the end of the term without penalty.    

Please note that the mortgage balance will only be reduced once any overpayment amount reaches or exceeds £1,000.