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:

  • Quick and easy - tried and tested online system reducing paperwork and saving you time
  • Take advantage of the best rates now - secure your clients a new deal up to 3 months in advance
  • Earn a procuration fee

Benefits for your clients

  • Competitive exclusive deals - existing clients have a great choice of fixed, tracker and discounted mortgage rates
  • No additional credit scoring - as there's no increase in borrowing there's no additional employment or income verification checks
  • No up front fees - no legal fees to pay when switching to a new product
  • No forms or signatures - it's so easy for your clients, there's no paperwork to fill in or new Direct Debits to set up

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 or in the Financial Times or other leading newspapers.

For independent information on mortgages, visit the FSA website 'money made clear'.

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 Services 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. For optimal viewing of this site you will need Macromedia Flash version 5 or above. Copyright © 2009, Halifax plc. All rights reserved.

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