Are there penalties if I pay my loan back early?

You may have to pay charges if you pay off a fixed-rate loan early. There are no charges for early repayments on a variable rate loan.

The type of loan you have, or intend to draw down, will be shown on the agreement documents forwarded to you.

If you are unsure or have questions, either when applying for a loan, or you are making a decision to pay back your current loan completely or in part, our lending advisers would be happy to help.

Call our lending team on 0818 200 334.

Last updated: April 30, 2020

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