D
One thing struck me about this though. As a lot of months have 30, 31,28 days my mortgage was always the same. There was no monthly variation based on the number of days in the month. So why has this changed?
It is normal for lenders to charge for the extra day in a 366 day leap year. It seems odd that the lender's system did not account for this automatically. Which lender is it? (Oh - just checked the Google search below and I guess it may be Halifax?)I can only conclude that they feel short changed as it is a leap year and they now want to pull that cash back in.
Hi Daragh
I received same letter and was very surprised at the cost for 1 day.
Are other banks doing the same or is it just Halifax?
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