From: "Andy Pandy" 
Newsgroups: uk.finance
Subject: Re: Mortgage Completion
Date: Sat, 18 Jun 2005 10:36:47 +0100


 wrote in message
news:1118994815.042142.215490@z14g2000cwz.googlegroups.com...
> The statement goes on to say Overpayment reserve as at 31 Dec 2004 (see
> note opposiet) £881. The note says the overpayment reserve shown
> represents the total amount that you have overpaid your mortgage by.

It's a flexible mortgage. The overpayment reserve is the amount you've overpaid
and can borrow back if you need to. The balance will already include the
overpayments.

--
Andy