Need advice on overpaying a mortgage(two Sub Accounts)

[greenFrog]

Hi,

I have a mortgage with two Sub Accounts (Mover mortgage Sub1:Old tracker & Sub 2: New finance).
Sub 1 A/c= 148k @ECB+2%(for 10yrs - then revert to standard variable or fix)
Sub 2 A/c= 60k @3.2%

My current mortgage repayments together are 918.11, i plan to overpay my repayments and increase to 1k a month repayment.
I also got 1500 from bank in mortgage deal so will prob just reduce amount owed with this rather than spending it on stuff i dont need.

I'm not sure if i can specify where any overpayments go or any lump sum payments i.e if i can use them to reduce what i owe on Sub-Account 2 as i'm paying a higher rate of interest here.

Any advice would be appreciated on what makes the most financial sense.
Thanks in advance...

 

[skrooge]

Focusing on paying the higher rate account makes sense. I could be wrong but it looks like you're with Ulster, have they provided you with separate account numbers for both accounts? If so you can just use those details to ensure the right account receives the overpayment.