Negotiating a better mortgage with Halifax

opinions4u

centaurandrew wrote: »

How can you be sure that it wouldn't?

I am not asking for your advice about trackers, I am asking if anyone has experience of negotiating a better deal with Halifax whilst a current customer.

If you haven't, please don't post.

I am aware of the pros and cons of a fix vs a tracker. I am aware of how to change my mortgage to another provider, I don't need advice about these things.

All I want to know is if anyone has phoned halifax and said "Ooh my rates a bit high, fancy lowering it? or I may go elsewhere".

If you haven't please do not reply.

Also if you have an opinion of what you think the halifax might do, again please don't reply.

My apologies for giving you the factual information you asked for, an explanation as to why they are not better off for you changing deals and asking a question around the circumstances for wanting to change which may have identified a different course of action.

Superb.

_Andy_

opinions4u wrote: »

My apologies for giving you the factual information you asked for, an explanation as to why they are not better off for you changing deals and asking a question around the circumstances for wanting to change which may have identified a different course of action.

Superb.

You obviously forget that you must provide the answer the OP wants, in the format they want, when they want. We are after all providing a paid service here.

Evilm

They won't allow you to add the ERC on to the mortgage amount. I was told that outright last month.

Their deals at the moment are not market competitive IMO and they don't have any reason to let you out of your deal for free.

Good luck.. but I'd be surprised if you do this without having to switch to a new lender.

SandC

Martin's advice to speak to your existing lender first when you are going to remortgage refers to when your deal is coming to an end and you are sourcing another.

plane_boy2000

Halifax will let you change anytime - takes from website:

When can I switch?
If you're paying interest on your mortgage at standard variable rate or Halifax Homeowner Variable Rate , or your current deal is due to end within the next 3 months, you can arrange your new deal now, subject to eligibility. If not, you may still switch but you might have to pay an Early Repayment Charge.

Dont know if they would let you add the ERC to the loan - I guess not, so you may need to factor in having a few grand up front. Also consider that if they did let you add it they your outstanding balance, and interest payable will be more, so that will erode any savings you make.

If you really are keen to do this then I would suggest leaving HBOS - there are far better deals to be had as a new customer

roonaldo

centaurandrew wrote: »

Yes but it's all useless to me isn't it?

dont ask questions if you dont want answers.

The thread topic is "Negotiating a better mortgage with Halifax". I then go on to ask "Does anyone have any experience of negotiating better rates with halifax? "

this has been answered for you, no, no and no.

twokcc

roonaldo wrote: »

dont ask questions if you dont want answers.



this has been answered for you, no, no and no.

Obviously not read my reply with details of someone who has actually got a better deal from Halifax, lot of poster on here very blinker who seem that going with the herd instinct means it must be right!!!

kingstreet

twokcc wrote: »

Obviously not read my reply with details of someone who has actually got a better deal from Halifax, lot of poster on here very blinker who seem that going with the herd instinct means it must be right!!!

You are talking about someone paying the ERP and picking a new product from a list of those Halifax makes available to existing borrowers not moving home.

Being able to do that is not in question.

It's the OP's belief that there may be a mechanism to allow him to negotiate his settlement and new product somehow on an "ad hoc" basis which is quite rightly being dismissed.

No such facility is offered.

twokcc

Oxford dictionary definition
1 obtain or bring about by discussion:
he negotiated a new contract with the sellers
[no object] try to reach an agreement or compromise by discussion:
they refused to negotiate with the rebels
2 find a way over or through (an obstacle or difficult route):
she cautiously negotiated the hairpin bend
3 transfer (a cheque, bill , or other document) to the legal ownership of another person, who thus becomes entitled to any benefit.
convert (a cheque) into cash or notes.


No misunderstanding on my part

opinions4u

twokcc wrote: »

Obviously not read my reply with details of someone who has actually got a better deal from Halifax, lot of poster on here very blinker who seem that going with the herd instinct means it must be right!!!

A range of products were available and the customer chose one.

The customer did not negotiate anything that wasn't already on the table.