Product transfers

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Product transfers

Your clients can transfer their current Halifax mortgage to a new Halifax mortgage product, before or after their current mortgage deal ends.


Benefits for you:

  • Competitive products for your clients
  • Earn a procuration fee
  • Review opportunity - review your clients' finances including their general insurance
  • Case tracking - access to regular email updates from our team on the progress of your case
  • No conveyance - product transfers are quicker than a remortgage
  • Earlier client contact - Any Early Repayment Charge which may apply on your client’s current mortgage product will be waived if the product has 3 months or less to run.

Benefits for your clients

  • Competitive exclusive deals - existing clients have a great choice of fixed and discounted mortgage rates
  • No up front fees - no legal fees to pay when switching to a new product
  • Early Repayment Fee waived - Any Early Repayment Charge which may apply on your client’s current mortgage product will be waived if the product has 3 months or less to run.

Commitments

Product fee applies. Please see product information.


Risks

Any additional borrowing is secured against your clients' home.


Our tracker rate mortgages are linked to Bank of England bank rate (also known as Bank of England repo rate). Details of this rate can be found on the Bank of England website at www.bankofengland.co.uk.

For independent information on mortgages, visit the website 'Money Advice Service'.

If you do not have professional experience, you should not rely on the information contained in this communication. If you are a professional and you reproduce any part of the information contained in this communication, to be used with or to advise retail clients, you must ensure it conforms to the Financial Conduct Authority's advising and selling rules. This site is intended for UK residents unless otherwise stated.

Halifax is a division of Bank of Scotland plc. Registered in Scotland No.SC327000. Registered Office: The Mound, Edinburgh EH1 1YZ. Copyright © , Halifax plc. All rights reserved.

Mortgage Trading Exchange

Financial Adviser Service Awards 2012 - 5 stars - Mortgage Lenders and Packagers