• Home
• > Mortgages

Halifax Mortgage Promise

What is a Mortgage Promise?

A Mortgage Promise is an offer of mortgage in principle:

• It simply tells you if you can have a mortgage and how much you can borrow, subject to valuation of the property and the information you supply being correct
• Helps demonstrate to an estate agent or seller how serious you are about buying a property and could put you in a better bargaining position
• Gives you a good indication of the property price range to be looking at

We recommend you have the following information to hand, as this will make your application much easier to complete:

• Any existing mortgage information, for example, how much you owe
• Any existing Halifax account information (including roll numbers, sort code and account numbers)
• Your income details (and National  Insurance number if you can find it)
• Your address and employment history for the last three years
• Details of any bank accounts, including credit cards and store cards
• Your e-mail address
• Details of the house you are buying (if this applies/if you have any details to hand)

Furthermore.........

• If you're a First Time Buyer a minimum 3% deposit is required (for properties valued at £250,000 or less).  We have a number of options to help you get on the property ladder you might want to consider, take a look at our First Time Buyer page for more information
• If you're a Home Mover or Remortgaging to Halifax you can normally use your equity to fund your deposit
• If you're buying a property to rent out, take a look at our our Buy to Let page for more information or speak to one our our Mortgage Advisers

Call us on 08458 50 37 05 (Mon-Fri 8am to 8pm and Sat 9am to 4pm) to discuss your options, or we can arrange for you to see a Mortgage Adviser in Branch

Your home may be repossessed if you do not keep up repayments on your mortgage