Further advances

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Further advances

Your clients can borrow more money against the value of their home. The additional borrowing is secured against their existing Halifax mortgage. Additional borrowing applications will not be permitted within 6 months of completion of the original mortgage.

Benefits: why offer further advances?

  • 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
  • Earn a procuration fee

Please note if you would like to make an application for your client for a further advance, these must be placed using the earlier edition of the Intermediaries online application system.


Any additional borrowing is secured against your clients' home.

Use the Affordability Calculator as a guide to how much your clients could borrow.

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.