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No Overhang'No overhang' means that the mortgage schemes will allow you to repay the loan without penalty once the benefit period has ended i.e. the mortgage does have an Early Redemption Charge but it does not last longer than the fixed, capped or discount period. This means that a mortgage with, for example, a discount to 31st January 2006 will have a redemption charge to either the same date or a date prior to this. The Early Redemption Charge can represent a significant sum although the amount will differ between lenders and between products. |
| Coventry Building Society | Scarborough Building Society | Nottingham Building Society | Britannia Building Society | Lambeth Building Society | Chelsea Building Society | Skipton Building Society |
| Nationwide Building Society | Northern Rock Building Society | Woolwich Building Society | Derbyshire Building Society | Leeds & Holbeck Building Society | Cheltenham & Gloucester Building Society |
| Coventry Building Society | Scarborough Building Society | Nottingham Building Society | Britannia Building Society | Lambeth Building Society | Chelsea Building Society | Skipton Building Society |