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Halifax broker purchase rates going up from Wednesday (5th Oct)
K_S
Posts: 6,891 Forumite
Just received notification from Halifax about broker purchase rates going up, from Wednesday (5th October).
To secure a current rate, the full application will need to go in by 8pm on Tuesday (4th October). Do check with your brokers if you have any purchase applications ready to go or are still in the process of considering Halifax purchase recommendations given to you by your broker.
See here for the updated rates applicable from Wednesday
Please note -
- this may or may not be applicable for direct rates
- remo rates already went up from today, so this notification refers only to purchase products
To secure a current rate, the full application will need to go in by 8pm on Tuesday (4th October). Do check with your brokers if you have any purchase applications ready to go or are still in the process of considering Halifax purchase recommendations given to you by your broker.
See here for the updated rates applicable from Wednesday
Please note -
- this may or may not be applicable for direct rates
- remo rates already went up from today, so this notification refers only to purchase products
I am a Mortgage Adviser - 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.
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Comments
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they are huge jumps, adding £199 onto ours a month aloneDon't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.0
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Slightly off topic but one client's Halifax product transfer rate was 3.42% fixed for five years no fee on Friday 30 September and on Saturday 1 October it was 4.35%. We couldn't do the transfer until Saturday due to the expiry date of the existing product. End result is an extra £3,786 interest each year.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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Think going to start been a little bit of a joke, be intresting to see what the builder do with the loss of help to buy and now thiskingstreet said:Slightly off topic but one client's Halifax product transfer rate was 3.42% fixed for five years no fee on Friday 30 September and on Saturday 1 October it was 4.35%. We couldn't do the transfer until Saturday due to the expiry date of the existing product. End result is an extra £3,786 interest each year.Don't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.0
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