Existing customers switching to a new deal

If your:

• Current Halifax mortgage deal is ending or
• You are currently on the Halifax Standard Variable Rate or Halifax Homeowner Variable Rate, also known as our lender variable rates

We understand that you may be unsure about what to do next. That's why we've set out your options below, to help you decide the right choice for you and your circumstances.

Your options are:

Switch to a new deal

The features and benefits are:

• Talk to a mortgage specialist about your options
• Easy to arrange
• No legal fees to pay
• Valuation not usually required
• You can start your application online, in branch or over the telephone

When can I switch?
You can arrange your new deal now (subject to eligibility) - as long as you’re paying interest on your mortgage at one of our lender variable rates (Halifax Standard Variable Rate or Halifax Homeowner Variable Rate), or your current deal is due to end. 

Are there any fees?
The mortgage deals we have available vary from time to time, you may be able to choose from Fixed or Variable products, with or without product fees. Take a look at the options available currently.

What do I do next?

• Take a look at our switching to a new deal page and start your application online or,
• use our mortgage calculator to get an idea of what you could be paying every month, or
• give us a call on 08458 50 37 05, we’ll give you some quotes and then take you through the process.

Do nothing/revert to lender variable rate

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. This will happen automatically when your deal ends and you will revert your applicable lender variable rate, detailed in your mortgage documentation.

The features and benefits are:

• A variable rate with the flexibility to switch onto a new product at any time (choosing from the range available at the time, subject to eligibility)
• You can make unlimited overpayments 
• No Early Repayment Charges

Apply to borrow more

The features and benefits are:

• Make use of the equity in your property
• Once completed, you could move your existing mortgage onto a new deal, or leave it on our lender variable rate detailed in your mortgage offer

What do I do next?
Take a look at our additional borrowing range and continue online, or give us a call on 08458 50 37 05.

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