New Halifax deals for existing customers

ashleyk

That's actually very good to read and helped to clarify a few thoughts. I am in in exactly the same boat and called up yesterday but I held back from applying for a new deal because like you I figured rates are likely to fall in the next couple of months. I am more interested in the 10 year deal though because we may have very little if any equity if prices continue to fall substantially over the next year or so. Would you lose your product fee if you switch to a different product before April 1st 2009? I didn't find the person I spoke to yesterday overly helpful or friendly.

beecher

Very interesting. I might think of doing the same with the 3 year 4.99% at £499. Thanks for that information ckp

Lady-T

That is interesting CKP I was actullay going to call Halifax today to reserve the 5yr fix at 4.99% (95%). I have a feeling that the rates will drop shortly but I can't hang around as I think I am very close to being in negative equity.

Can I just ask will you pay the fee upfront or add it to the mortgage.

Thanks

TREVORCOLMAN

At least you will know the rate you are paying for the next 5 years.

Some of us remember 15%!

ckp1975

I will pay the product fee upfront once all the paperwork comes through.