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Halifax Time scale
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Samsung_Note2
Posts: 774 Forumite
Appreciate it might vary from case to case...just wondering the average time scale remortgage with Halifax via a broker.
Papers were E-signed yesterday and hoping the application will be on its way...seems a reasonable deal (feel free to educate me) 1.96 % fixed for 5 yrs and its potable,valuation and solicitor fee free.
We do have a charging order to take care of...but assume that shouldnt be much of a hassle.
Papers were E-signed yesterday and hoping the application will be on its way...seems a reasonable deal (feel free to educate me) 1.96 % fixed for 5 yrs and its potable,valuation and solicitor fee free.
We do have a charging order to take care of...but assume that shouldnt be much of a hassle.
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Comments
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About a week from application to offer.
After that it's down to solicitors.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 -
I believe Halifax use there own Solicitors...so assume should be fairly quick.0
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A remortgage then?
Not necessarily.
Lenders pay large-scale conveyancing warehouses about £35 to handle a remortgage so the service can often be questionable. You'll find most brokers have moved to lenders/products with a cashback to cover the legal costs so they can appoint a solicitor where a modicum of control can be kept.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 -
kingstreet wrote: »A remortgage then?
Not necessarily.
Lenders pay large-scale conveyancing warehouses about £35 to handle a remortgage so the service can often be questionable. You'll find most brokers have moved to lenders/products with a cashback to cover the legal costs so they can appoint a solicitor where a modicum of control can be kept.
Yes my mistake...should have said re-mortgage...:o0
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