Existing Halifax Customers

Lewis7498

Hi everyone,

Has anyone recently remortgaged with Halifax as an existing customer? Are they offering a better rate?

Thinking it’s best to stay with them and been hearing that they are offering good rates if you are already with them?

Anawii

We have just renewed our Halifax deal today. We were offered 2yrs @5.01%, 5yrs @4.42% or 10 years @4.51% 

That is with LTV annoyingly just above 60% so I'm the <75% category. But I found a website online that seems to suggest the rate for the 5yr fix for <60% LTV was the same so it didn't seem worth trying to pay it down for us.

Annoyingly it was of course cheaper a couple of months back and we should have fixed then but never mind it's done now 🙈

adamL

I got 3.93% for a 5 year fix at the end of May - current fix is with Halifax. It was the best on the market according my broker, but also, it was the best rate I could find at the time too. LTV is 60%.

rjmachin

I renewed mine on 25th May (the day before rates increased)

5 year fix
< 60% LTV
4.01%
15 years left on mortgage

amnblog

Anawii said:

We have just renewed our Halifax deal today. We were offered 2yrs @5.01%, 5yrs @4.42% or 10 years @4.51% 

That is with LTV annoyingly just above 60% so I'm the <75% category. But I found a website online that seems to suggest the rate for the 5yr fix for <60% LTV was the same so it didn't seem worth trying to pay it down for us.

Annoyingly it was of course cheaper a couple of months back and we should have fixed then but never mind it's done now 🙈

 A couple of points

Firstly - the 60% LTV rate is not the same as the 75% LTV.

Secondly if you have a mortgage of £250,000 or more, speak to a Broker and secure 4.70% on 2 years or 4.29% on 5 years with Halifax.

bamgbost

A couple of points

Firstly - the 60% LTV rate is not the same as the 75% LTV.

Secondly if you have a mortgage of £250,000 or more, speak to a Broker and secure 4.70% on 2 years or 4.29% on 5 years with Halifax.

If these rates are available today. I would say snap up the 5 year one!

Anawii

amnblog said:

Anawii said:

We have just renewed our Halifax deal today. We were offered 2yrs @5.01%, 5yrs @4.42% or 10 years @4.51% 

That is with LTV annoyingly just above 60% so I'm the <75% category. But I found a website online that seems to suggest the rate for the 5yr fix for <60% LTV was the same so it didn't seem worth trying to pay it down for us.

Annoyingly it was of course cheaper a couple of months back and we should have fixed then but never mind it's done now 🙈

 A couple of points

Firstly - the 60% LTV rate is not the same as the 75% LTV.

Secondly if you have a mortgage of £250,000 or more, speak to a Broker and secure 4.70% on 2 years or 4.29% on 5 years with Halifax.

Fair enough, thanks. I found a website listing the <60% LTV figures and it was the same as the rate offered to us (just over 60%) but happy to be corrected. 

 Our mortgage, fortunately for us, is significantly lower than £250k. Due to significant changes in employment/financial situation, for us sticking with our current lender and a new fix is the easiest and least stressful option.

Simobla1

I am an existing Halifax customer and the rate I got for a new 5 year fix back in May was 3.94%.  Better than I thought it was going to be, and much less than going elsewhere.  That was with borrowing a bit more to pay off my help to buy loan.

amnblog

bamgbost said:

A couple of points

Firstly - the 60% LTV rate is not the same as the 75% LTV.

Secondly if you have a mortgage of £250,000 or more, speak to a Broker and secure 4.70% on 2 years or 4.29% on 5 years with Halifax.

If these rates are available today. I would say snap up the 5 year one!

They are available today