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
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:
- Quick and easy to arrange
- No legal or valuation fees to pay
- 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 the Halifax Standard Variable Rate or Halifax Homeowner Variable Rate, or your current deal is due to end in the next three months. If not, you can still switch, but you might have to pay an Early Repayment Charge.
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)
- Only available if you're coming to the end of a current mortgage deal
- 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 Halifax Standard Variable Rate
What do I do next?
Take a look at our additional borrowing range and start your application 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
