Mortgages details

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Further advance

This product is also available for:

  • Product transfer

Fixed rate

Product code: FBI539

2 year fixed
LTV amount:
0 - 60%

Features and benefits

Product rate:
1.23% fixed until 31/01/2023

Latest completion by:
Loan band:
£250k - £7.5m


Product fee:
Early repayment charge:
2% to 31/01/2022

1% to 31/01/2023

Additional info

Available on a repayment or interest only basis.

Available to Halifax mortgage customers where their mortgage deal is coming to an end, these products are also for additional lending when taking place at the same time as a further advance.

Further advance applications are subject to a minimum loan of £10,000.

Further advance applications will not be permitted within 6 months of completion of the original mortgage.

This product is not available to consent to lease customers. Please note the loan availability is based on the total mortgage debt.


Your client's home may be repossessed if they do not keep up repayments on their loan. Whilst a fixed rate mortgage can give your client certainty around monthly payments, the Bank of England base rate may go down as well as up. The value of your client's home may alter with market conditions so that the amount of the loan may exceed the value of the 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

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.

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