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Halifax mortgage offer - how to request extention
bikeman17
Posts: 234 Forumite
So my Halifax mortgage which was originally valid for 6 months, has expired. So my broker was able to give us a further one-month extension.
Now the extra one month is up, my broker is saying as the product no longer available, I will have to jump on a new product which will cost us 45 pounds extra a month.
I spoke to the seller as he was able to get another 6 months extension however his loan is smaller, not sure by how much.
Please advise on how to go forward whether I can keep the existing mortgage offer.
Now the extra one month is up, my broker is saying as the product no longer available, I will have to jump on a new product which will cost us 45 pounds extra a month.
I spoke to the seller as he was able to get another 6 months extension however his loan is smaller, not sure by how much.
Please advise on how to go forward whether I can keep the existing mortgage offer.
0
Comments
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You can't.
The process is selection of a new product and a refresh of the valuation once it's six months old.
The rate may be higher but what about the £1,000 cashback?I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0 -
'The rate may be higher but what about the £1,000 cashback?'
Do you have a link for this?0 -
A link to Halifax relaunching all products on Monday with £1,000 cashback for FTBs and HomeMovers? No, I don't.
You should have an illustration for the new product before being asked to accept it. If you have, look at section 9.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
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