Time to switch to a new deal?

Is your current Halifax mortgage deal ending? Or perhaps you’re on one of our lender variable rates and want the reassurance of a fixed rate. Whatever your situation we'll help you find a great new deal.

  • Easy to arrange
  • No legal fees to pay
  • No valuation required
  • Apply online, give us a call or come into branch
  • Same deals available no matter how you apply
  • Early repayment charges waived on existing deals with 3 months or less to run

Not available on existing Halifax Buy to Let or Halifax Retirement Home Plan mortgages.


If you don't have a Halifax mortgage and you're looking to switch from your current lender, why not take a look at our remortgaging deals?


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

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Ways to apply

Switch online if you don't need any advice and you're not making any other changes to your existing mortgage.
 Continue online 


Talk to us if you need advice or want to make other changes to your existing mortgage.

Call us on 08458 50 37 05
Mon-Fri 8am - 8pm Sat 9am - 4pm

Or come into branch - you'll need to book an appointment beforehand

FAQs

What do I need to do if my current deal is ending?
When can I switch deals?
How do I know which deal to choose?
How do I know what my loan to value percentage is?
What do I need to apply online?
What happens when I apply for a new deal?
Will I have to pay any early repayment charges?
Will I be charged any fees?
Can I borrow more or make changes to my existing mortgage at the same time?


What do I need to do if my current deal is ending?

If your current Halifax mortgage deal is ending and you don't want to switch to a new deal, you don't need to do anything. You'll be automatically changed onto either the Halifax Standard Variable Rate or the Halifax Homeowner Variable Rate.

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When can I switch deals?

You can arrange to switch to a new deal if you're on either the Halifax Standard Variable Rate or the Halifax Homeowner Variable Rate, or if your existing deal has 3 months or less to run. If your existing deal has more than 3 months left to run you can still switch your deal, however you may have to pay early repayment charges. You can't switch to a new deal during a payment holiday or if your mortgage is currently in arrears under the care of Collections or Recoveries.

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How do I know which deal to choose?

Our current mortgage deals are based on your mortgage balance and how much mortgage you have in relation to how much your property is worth. This is known as your loan to value (LTV) and it's expressed as a percentage figure. If you check all our current deals there'll be only two deals which will fit your mortgage balance and loan to value band - a shorter term deal and a longer term deal. If you apply online you'll just need to decide the length of the fixed term deal which suits your circumstances best. If you need to talk to a mortgage adviser for advice about your options you can give us a call or book an appointment in branch.

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How do I know what my loan to value percentage is?

If you apply to switch to a new deal, we'll tell you what your loan to value percentage is. This is based on your current mortgage balance and your property value as determined by us.

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What do I need to apply online?

If you want to apply online it'll take about 10 minutes and you'll need your mortgage account number to hand. You'll only be able to apply online if you've a 14 digit account number. You'll have either a 14 digit account number or it'll start with 'A/'. Check your latest mortgage statement or sign in to Online Banking to view your mortgage account number. If you're not registered for Online Banking yet, it's easy and only takes about 5 minutes. Find out how to register.

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What happens when I apply for a new deal?

When you apply to switch to a new deal you'll receive an illustration confirming your new monthly payment and a declaration. If you apply online or over the phone then you'll receive these documents in the post. You'll need to review the illustration and if you're happy you'll need to sign and return the declaration form. If you’ve any interest-only borrowing and you’re looking for a new deal, you must have a repayment plan in place and you'll need to provide suitable documentary evidence.

If we can process your signed declaration by the 23rd of the month, then the changes will take effect from the first of the next month. Otherwise the changes will take effect from the first of the following month.

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Will I have to pay any early repayment charges?

You won't have to pay any early repayment charges if you're switching from either the Halifax Standard Variable Rate or the Halifax Homeowner Variable Rate. Early repayment charges are waived if there is 3 months or less to run on your existing deal. If your existing deal has more than 3 months left to run you can still switch your deal, however you may have to pay early repayment charges.

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Will I be charged any fees?

There's no legal fees or valuation required but depending on the mortgage deal, there may be a product fee to pay. You'll need to check our current deals for full details. Any product fees can be added on to your mortgage on completion but you'll be charged interest on the fees.

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Can I borrow more or make changes to my existing mortgage at the same time?

If you're looking to borrow more at the same time as switching to a new deal, or you want to make a change to the term or repayment type of your existing mortgage, you'll have to contact us to discuss your needs and circumstances with a qualified mortgage adviser.

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

Our current deals

These are all our current fixed rate deals available today. There'll only be two deals which will fit your mortgage balance and your loan to value band - a shorter term deal and a longer term deal. To find out which deals are available to you, you can take a look online, give us a call or book an appointment online to come in to branch.


Mortgages up to £299,999

Term Initial rate Halifax Homeowner Variable rate thereafter For the remainder of the term from The overall cost for comparison is Product fee Loan to value(LTV)Early Repayment Charges until Loan amount
2 years 2.39% Currently 3.99% 31/07/2016 3.7% APR £0 0-60% 31/07/2016 £0 - £299,999
2 years 2.84% Currently 3.99% 31/07/2016 3.8% APR £0 60-75% 31/07/2016 £0 - £299,999
2 years 3.24% Currently 3.99% 31/07/2016 3.9% APR £0 75-80% 31/07/2016 £0 - £299,999
4 years 3.19% Currently 3.99% 31/07/2018 3.8% APR £0 0-60% 31/07/2018 £0 - £299,999
4 years 3.64% Currently 3.99% 31/07/2018 3.9% APR £0 60-75% 31/07/2018 £0 - £299,999
4 years 3.99% Currently 3.99% 31/07/2018 4.1% APR £0 75-80% 31/07/2018 £0 - £299,999
4 years 4.49% Currently 3.99% 31/07/2018 4.3% APR £0 80-95% 31/07/2018 £0 - £299,999
4 years 4.49% Currently 3.99% 31/07/2018 4.3% APR £0 95-120% 31/07/2018 £0 - £299,999

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


Mortgages between £300,000 and £499,999

Term Initial rate Halifax Homeowner Variable rate thereafter For the remainder of the term from The overall cost for comparison is Product fee Loan to value(LTV)Early Repayment Charges until Loan amount
2 years 2.14% Currently 3.99% 31/07/2016 3.7% APR £0 0-60% 31/07/2016 £300k - £499,999
2 years 2.54% Currently 3.99% 31/07/2016 3.8% APR £0 60-75% 31/07/2016 £300k - £499,999
2 years 3.04% Currently 3.99% 31/07/2016 3.9% APR £0 75-80% 31/07/2016 £300k - £499,999
4 years 2.99% Currently 3.99% 31/07/2018 3.7% APR £0 0-60% 31/07/2018 £300k - £499,999
4 years 3.34% Currently 3.99% 31/07/2018 3.8% APR £0 60-75% 31/07/2018 £300k - £499,999
4 years 3.69% Currently 3.99% 31/07/2018 3.9% APR £0 75-80% 31/07/2018 £300k - £499,999
4 years 4.29% Currently 3.99% 31/07/2018 4.2% APR £0 80-95% 31/07/2018 £300k - £499,999
4 years 4.29% Currently 3.99% 31/07/2018 4.2% APR £0 95-120% 31/07/2018 £300k - £499,999

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


Mortgages between £500,000 and £7,500,000

Term Initial rate Halifax Homeowner Variable rate thereafter For the remainder of the term from The overall cost for comparison is Product fee Loan to value(LTV)Early Repayment Charges until Loan amount
2 years 2.04% Currently 3.99% 31/07/2016 3.7% APR £0 0-60% 31/07/2016 £500k - £7.5m
2 years 2.44% Currently 3.99% 31/07/2016 3.7% APR £0 60-75% 31/07/2016 £500k - £7.5m
2 years 2.94% Currently 3.99% 31/07/2016 3.8% APR £0 75-80% 31/07/2016 £500k - £7.5m
4 years 2.89% Currently 3.99% 31/07/2018 3.6% APR £0 0-60% 31/07/2018 £500k - £7.5m
4 years 3.24% Currently 3.99% 31/07/2018 3.8% APR £0 60-75% 31/07/2018 £500k - £7.5m
4 years 3.59% Currently 3.99% 31/07/2018 3.9% APR £0 75-80% 31/07/2018 £500k - £7.5m
4 years 4.19% Currently 3.99% 31/07/2018 4.1% APR £0 80-95% 31/07/2018 £500k - £7.5m
4 years 4.19% Currently 3.99% 31/07/2018 4.1% APR £0 95-120% 31/07/2018 £500k - £7.5m

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


Our rates are only guaranteed for applications made today. We reserve the right to change our product range at any time.

If you're currently on the Halifax Standard Variable Rate, this won't be available at the end of your new deal. Instead your interest rate will automatically change to the Halifax Homeowner Variable Rate.

If you’ve any interest-only borrowing and you’re looking for a new deal, you must have a repayment plan in place and you'll need to provide suitable documentary evidence.


Need some help?

If you're looking for help understanding our rate tables or have other questions about your mortgage, you'll find all you'll need in help and guidance section.

Ways to apply

You can apply online, come into branch or give us a call - however you choose to apply, the same deals will be available.


Applying online

This option is right for you if:

  • You don't need to talk to a mortgage adviser for advice
  • You're not looking to borrow more at the same time as switching to a new deal
  • You don't want to make a change to the term or repayment type of your existing mortgage

To switch your deal online you'll need your mortgage account number to hand. We'll show you online which deals are available to you. Your mortgage account number is on your latest mortgage statement or you can sign in to Online Banking to view your mortgage details. If you're not registered for Online Banking yet, it's easy and only takes about 5 minutes. Find out how to register.

If you need to talk to a mortgage adviser for advice about your options you can book an appointment in branch or give us a call


Applying by phone or in branch

This option is right for you if:

  • You need to talk to a mortgage adviser for advice 
  • You're looking to borrow more at the same time as switching to a new deal
  • You want to make a change to the term or repayment type of your existing mortgage

To talk to a mortgage adviser and apply over the phone you'll need to call us on 08458 50 37 05. Lines are open Monday - Friday 8am to 8pm and Saturdays 9am to 4pm. We're closed on Sundays and Bank Holidays.

To talk to a mortgage adviser and apply in branch you'll need to book an appointment beforehand. You can either pop in to branch to make the appointment or you can book an appointment online and we'll call you back to confirm a day and time.


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

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