Borrowing more on your Halifax mortgage?
Once you've had your mortgage for 6 months or more, using some of the value in your home may be a way to fund that special purchase or project you're planning.
Borrowing at an exclusive mortgage rate could allow you to:
- Extend your home
- Fit a new kitchen
- Buy a car.
If you have other plans in mind for that special or important purchase, contact us to find out if we can help you.
The benefits of adding this borrowing to your mortgage:
- Borrow at an exclusive mortgage rate
- An arrangement fee of only £99* (a product fee may also apply)
- Borrow up to 80% of the value of your home
- Choose the term to repay your additional borrowing
- Overpay by up to 10% of your outstanding balance each year without incurring an Early Repayment Charge.
If you are a customer with interest-only borrowing and require additional borrowing see Interest-Only for our requirements. Should you wish to transfer from interest-only to repayment call 0845 602 9717 or make an appointment at your local branch.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
| Fixed Rates | ||||||||||
| Term | Initial rate | Halifax Homeowner Variable Rate thereafter | For the remainder of the term from |
The overall cost for comparison is |
Product fee | LTV | Early Repayment Charges until | Loan amount | Repayment method | |
| 3 years | 5.99% | Currently 3.99% | 31/03/2015 | 4.7% APR | £0 | 0 - 60% | 31/03/2015 | £5k - £7.5m | Repayment |  |
| 3 years | 5.99% | Currently 3.99% | 31/03/2015 | 4.7% APR | £0 | 0 - 60% | 31/03/2015 | £5k - £7.5m | Interest Only | |
| 3 years | 6.09% | Currently 3.99% | 31/03/2015 | 4.7% APR | £0 | 60 - 75% | 31/03/2015 | £5k - £7.5m | Repayment | |
| 3 years | 6.09% | Currently 3.99% | 31/03/2015 | 4.7% APR | £0 | 60 - 75% | 31/03/2015 | £5k - £7.5m | Interest Only | |
| 3 years | 6.19% | Currently 3.99% | 31/03/2015 | 4.8% APR | £0 | 75 - 80% | 31/03/2015 | £5k - £7.5m | Repayment | |
| 3 years | 6.19% | Currently 3.99% | 31/03/2015 | 4.8% APR | £0 | 75 - 80% | 31/03/2015 | £5k - £7.5m | Interest Only | |
*The £99 arrangement can be added to the mortgage on completion as long as you don't mind adding on the interest.
Our rates are only guaranteed for applications made today. We reserve the right to change our product range at any time.
These products are available for additional borrowing applications only. Customers who are looking to transfer their existing mortgage onto a new deal can select a product from our range of mortgage deals for existing Halifax customers.
Additional borrowing applications will not be permitted within 6 months of completion of the original mortgage.
The actual rate available will depend upon your circumstances. Ask for a personalised illustration.
This information does not contain all of the details you need to choose a mortgage. Make sure that you read the separate key facts illustration before you make a decision.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
