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Remortgaging Halifax product transfer rate
Comments
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If you do a product transfer with Halifax you will stay on the same mortgage term but you can overpay to bring the term down.pw007 said:Tbh I haven’t got any spare money like that. Been playing around on the remortgage calculators I noticed the difference. One thing I didn’t take into consideration was my age and length of mortgage. I’m 39 and took out 35 year mortgage 5 years ago. Will I just be allowed a maximum of 30 years now?
If you remortgage to a new lender you can choose your mortgage term provided you qualify for the affordability criteria.
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You can change the mortgage term with Halifax as part of the process.RelievedSheff said:
If you do a product transfer with Halifax you will stay on the same mortgage term but you can overpay to bring the term down.pw007 said:Tbh I haven’t got any spare money like that. Been playing around on the remortgage calculators I noticed the difference. One thing I didn’t take into consideration was my age and length of mortgage. I’m 39 and took out 35 year mortgage 5 years ago. Will I just be allowed a maximum of 30 years now?
If you value your time best done via a Broker not direct with the Lender.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.0 -
Ah right so there’s still a chance I could extend it to 35 years a product transfer?amnblog said:
You can change the mortgage term with Halifax as part of the process.RelievedSheff said:
If you do a product transfer with Halifax you will stay on the same mortgage term but you can overpay to bring the term down.pw007 said:Tbh I haven’t got any spare money like that. Been playing around on the remortgage calculators I noticed the difference. One thing I didn’t take into consideration was my age and length of mortgage. I’m 39 and took out 35 year mortgage 5 years ago. Will I just be allowed a maximum of 30 years now?
If you value your time best done via a Broker not direct with the Lender.0
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