Yes, as long as your lender accepts a standing order.
Yonder sends your payment as a standing order, which is a fixed amount on a fixed date. That works well for a fixed-rate mortgage.
If you’re on a variable or tracker rate, you can still set it up, but the amount we send won’t change on its own. When your rate changes, update your payment in the app (go to your rent and mortgage screen, tap Manage, then Edit), or you could fall behind with your lender. Some lenders only accept Direct Debit on variable rates, so check with yours first.
Some lenders only accept Direct Debit whatever your rate. Before you set anything up, check with your lender that they'll accept a standing order, and get the details they want you to use: the bank details and reference, and the payee name or bank name if applicable.
It's no problem if your mortgage is with the same bank as your current account, Nationwide for example. They're separate accounts, so we collect from your current account and send the payment on to your mortgage account exactly as we would to any other lender.
We're working on adding Direct Debit support.
