Halifax Remortgages for Exisiting Customers

Miss_J

Hi there

I'm an exsiting Halifax mortgage customer, currently on a fixed rate of 2.79% which is due to expire in September. Does anyone have any idea what sort of rate Halifax are offering to exisiting customers at the moment. I just called them but they said they will only discuss existing rates 1 month before the exisiting rate expires. That's really annoying because I would like to know how much potentially my payments could go up. Looking at their SVR rate if they reverted the rate to that my payments would go up by £100 a month.

Any advice would be greatly received.

~Beanie~

Their rates for existing customers are on their website: http://www.halifax.co.uk/mortgages/existing-customers/switch-to-a-new-deal/

Goldiegirl

If your current product is due to expire at the end of September, that would mean you'll be considering a new product from the start of October.

From memory, I think they can't key a new product on to the mortgage that far in advance, so they probably couldn't discuss it yet, as the products could be completely different by the time they can actually offer you the new interest rate.

Miss_J

Thanks for that Beanie

It threw me when they said they wouldn't discuss rates until 1 month before my exisiting deal came to an end. I only have a 40% LTV at the moment so that looks promising that I could fix again for another 2 years at 2.69% instead of 2.79%.