Compare loans

Compare our unsecured personal loan & additional borrowing on your existing mortgage, to see which loan option is best for you.

Both unsecured loans and additional borrowing can be used for almost any purpose, whether you need to replace your car, consolidate your finances, make some much needed home improvements or are planning a wedding.

Just take a look below at the main differences between the two options and consider which loan is right for you.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Loan Type	Unsecured Personal Loan	Additional Borrowing on your existing mortgage
Availability	Available to existing Halifax customers only	Only available to existing Halifax Mortgage customers providing that the mortgage has been held for at least 6 months
Amount of Loan	Borrow between £1,000 and £25,000	Borrow up to 80% of the value in your home
Term	1 to 7 years	Choose the term to repay your additional borrowing
Arrangement Fee	No arrangement fee	£99 arrangement fee
Security	Not secured against your property	Secured against your property

Think carefully before securing other debts against your home.  Your home may be repossessed if you do not keep up repayments on your mortgage.