halifax rates increase???

1815VIL

has anyone else heard that the halifax are about to put there rates up on morgages from midnight?

chinatown_2

I blooming hope not! Just signed the contract on our new house today and the mortgage starts on the 14th!:eek:

dementedhousewife

God i hope not too, my mortgage is on a variable rate.....
My fixed rated ended in Jan and payment went up by £500

chinatown_2

Can I just add that they dropped the rate just a week or so ago. Our payment has went down by £25 a month and our FA said they are actually set to go further down soon.

1815VIL

didnt mean to spook anyone,doin a remorgage an my advisor phoned today an said he needed to apply for the rate as it was goin up from midnight.

Dan_Collins_2

I have just checked the website and cant see any changes, the last was the 26th of feb. However I have a feeling an email may have gone around as I was leaving the office so I cant check until tomorrow! If you have an offer you will be fine.

RubyShoes

Dan - when you say, if you have an offer you will be fine, what do you mean?

I am having my valuation done with Halifax tomorrow, and then its just a matter of sending out the mortgage offer if thats ok. Everything else has been approved.

Could I now loose the rate, because I haven't had an offer??

I was under the impression I had secured my rate (and LTV - because I know they are getting rid of the 97% LTV which mine will be!)... am I missing something?

TEDDYRUKSPIN

No change at present. As stated, they dropped them recently.

hangover

According to today's Metro, Halifax (and Abbey) are raising their rates today, but only for new customers.

http://www.metro.co.uk/money/article.html?in_article_id=109736&in_page_id=36

Dan_Collins_2

RubyShoes wrote: »

Dan - when you say, if you have an offer you will be fine, what do you mean?

I am having my valuation done with Halifax tomorrow, and then its just a matter of sending out the mortgage offer if thats ok. Everything else has been approved.

Could I now loose the rate, because I haven't had an offer??

I was under the impression I had secured my rate (and LTV - because I know they are getting rid of the 97% LTV which mine will be!)... am I missing something?

If you have made an application you will be fine. Sorry I talking to China, they must be at offer stage to of signed contracts etc.

chinatown_2

Dan_Collins wrote: »

If you have made an application you will be fine. Sorry I talking to China, they must be at offer stage to of signed contracts etc.

Thanks Dan! Yes we are pretty far on. We've signed yesterday, paid the deposit today ready for completion. Should exchange on thurs and complete 14th. You've put my mind at rest.:T