From: Ronald Raygun
Subject: Re: Redemption Statement
Newsgroups: uk.finance
Date: Sat, 12 Feb 2005 21:21:00 GMT
Adrian Boliston wrote:
> "Jack Victor" <7jjise89bfcflf@aol.com> wrote:
>
>> Received from my Solicitor a copy of redemption statement from my
>> present lender. It shows my mortgage balance and interest accrued
>> until date of settlement(11th April)
>>
>> But will this settlement figure not change between now and the
>> settlement date as I have mortgage payments on the 1st March/April.
>
> As interest is normally calculated on a daily basis, then the amount you
> owe them would change by a few pounds each day.
Re-read question. Then wipe egg from face.
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