Halifax fixed term coming to end

Hi there 

I have a mortgage with Halifax and we took out a fixed term of 2 years
That 2 years is coming to an end and I just wondered if anyone could give advice

I Will likely just be taking a new deal with Halifax as I’m not interested in remortgaging with another lender. 
Will this incur another credit check on me? Or a hard search? 
I’m only wondering as we took out a loan for home improvements and now I’m worried this will affect us getting a new rate? 

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  • Hoenir
    Hoenir Posts: 1,298
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    Options to switch to a new product can be obtained on line

    https://www.halifax.co.uk/mortgages/existing-customers.html
  • Yorkie1
    Yorkie1 Posts: 11,528
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    A switch to a new product with Halifax will not involve any new underwriting or credit assessment, as you are not taking out a new mortgage - you're just changing interest rate.
  • Sokes2000
    Sokes2000 Posts: 1
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    Hi there 

    I have a mortgage with Halifax and we took out a fixed term of 2 years
    That 2 years is coming to an end and I just wondered if anyone could give advice

    I Will likely just be taking a new deal with Halifax as I’m not interested in remortgaging with another lender. 
    Will this incur another credit check on me? Or a hard search? 
    I’m only wondering as we took out a loan for home improvements and now I’m worried this will affect us getting a new rate? 
    No, you will not need to undergo any credit checks.. You will just be switched onto whatever new deal you have opted with Halifax.
  • amnblog
    amnblog Posts: 12,389
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    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, 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.
  • ragtime27
    ragtime27 Posts: 17
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    As existing customer you can login to halifax website and you know which product to accept  without calling them then pick one, if you wish to call them for mortgage advice one of mortgage advisors goes through your options( no hard check)
    Or you can through mortgage broker(same rates, however the advantage if the rates drops before the beginning of your product, it drops as well)
    Halifax cut their rates today up 0.92% for existing customers
  • amnblog
    amnblog Posts: 12,389
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    ragtime27 said:
    As existing customer you can login to halifax website and you know which product to accept  without calling them then pick one, if you wish to call them for mortgage advice one of mortgage advisors goes through your options( no hard check)
    Or you can through mortgage broker(same rates, however the advantage if the rates drops before the beginning of your product, it drops as well)
    Halifax cut their rates today up 0.92% for existing customers
    You do not usually get the same rates direct or with a Broker. You usually get a wider range of options via a Broker, particularly for borrowing over £150,000.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, 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.
  • ragtime27
    ragtime27 Posts: 17
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    amnblog said:
    ragtime27 said:
    As existing customer you can login to halifax website and you know which product to accept  without calling them then pick one, if you wish to call them for mortgage advice one of mortgage advisors goes through your options( no hard check)
    Or you can through mortgage broker(same rates, however the advantage if the rates drops before the beginning of your product, it drops as well)
    Halifax cut their rates today up 0.92% for existing customers
    You do not usually get the same rates direct or with a Broker. You usually get a wider range of options via a Broker, particularly for borrowing over £150,000.
    strangely i have  just remortgaged £152,000 with same lender(Halifax) 2years fixed, starting 01/02/2024 via L&C, they couldn't find anything cheaper with the same lender, they came back with same rate i was offered, same rate with Halifax intermediaries.
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