Offer can be withdrawn at any time and excludes: product transfers, further advances and home mover applications through Halifax Intermediaries.
Simple £1,000 mortgage cashback offer from Halifax...now even includes Re-mortgages of ANY amount!!!!
Just done this today in Preston and could not believe the deal on offer. I had seen similar deal (£750) earlier in the year for First time buyers and those moving home but now it's for all mortgages!
Fortunately we only have £19k left so getting this £1,000 is like over 5% cashback. Could not believe it was for mortgages of any amount as never thought it was worth switching before.
There was no specific advertising in branch (?!) but staff member on reception told me about it and then the mortgage adviser sorted it there and then.
Rates from 2.44% but we went for 2.64% with no fees at all.
Deal info...
Take the hassle out of remortgaging and get £1000 back.
So, if you’re thinking of remortgaging to us from another lender, we think you’re making a good move. Not only can we help keep things straightforward with our simple switcher service and dedicated mortgage advisers, but you’ll also get £1000 cashback. Now that’s a change for the better.
Apply between 15th August and 25th September 2016
We'll also pay our own legal fees and we won't charge you for the property assessment
£1000 paid through your conveyancer on completion
Offer can be withdrawn at any time and excludes: product transfers, further advances and home mover applications through Halifax Intermediaries.
Top comments
Nujol
18 Aug 1613#3
Thanks OP. I would however encourage anyone looking to switch their mortgage to very carefully consider all options and use a site such as MSE to help.
Whilst £1000 cashback sounds amazing, in reality depending on circumstances a deal that is £2-3-4-5000 or more cheaper may be possible.
For us if I remortgaged to this today the increased rate would more than offset that cashback and we would be over £1000 worse off after two years, including the cashback, compared to our current fixed rate.
But as you say OP if you have a low balance remaining this is likely to be very hot :smiley:
gallopingbanker to Nujol
18 Aug 164#5
Absolutely. Obviously everyone needs to think it through carefully and make sure the deal suits their circumstances...main thing is that those thinking of staying on their standard deal should have a look at what is out there.
As you say this worked a treat for us.
N42
18 Aug 163#11
The annual rate is a bit high. I got a remortgage with nationwide for 1.44 2 year tracker
moneybag
18 Aug 163#8
£1000 on the house, yay!
All comments (40)
gold3n_dragon
18 Aug 161#1
I just remortgage today at 2.14 with 1000 fee. gutted.
gallopingbanker to gold3n_dragon
18 Aug 161#2
Give them a call and see if they will switch the deal...should be possible before it completes.
Nujol
18 Aug 1613#3
Thanks OP. I would however encourage anyone looking to switch their mortgage to very carefully consider all options and use a site such as MSE to help.
Whilst £1000 cashback sounds amazing, in reality depending on circumstances a deal that is £2-3-4-5000 or more cheaper may be possible.
For us if I remortgaged to this today the increased rate would more than offset that cashback and we would be over £1000 worse off after two years, including the cashback, compared to our current fixed rate.
But as you say OP if you have a low balance remaining this is likely to be very hot :smiley:
gallopingbanker to Nujol
18 Aug 164#5
Absolutely. Obviously everyone needs to think it through carefully and make sure the deal suits their circumstances...main thing is that those thinking of staying on their standard deal should have a look at what is out there.
As you say this worked a treat for us.
lockwoodisbored
18 Aug 161#4
Thanks OP!
rogparki
18 Aug 161#6
On first sight it seems good if you have a very low balance remaining (less than £30K ), as I do so worth further investigation . Expecting Halifax to put a minimum balance on it fairly quickly :confused: . On a " normal " mortgage of £200K -£400K this deal will work out far more expensive than the many deals now widely available .
Silhouette
18 Aug 161#7
I'm signing with Barclays tomorrow at 1.74% on 70% LTV with no fees and £250 CashBack.
It's called the Great Escape Tracker.
moneybag
18 Aug 163#8
£1000 on the house, yay!
databar
18 Aug 16#9
Great if this works
looking in branch tomorrow
hot from me
cornwallnick
18 Aug 16#10
They won't be putting any minimum balance on it.
N42
18 Aug 163#11
The annual rate is a bit high. I got a remortgage with nationwide for 1.44 2 year tracker
rogparki to N42
18 Aug 161#13
Then (depending on your mortgage size) you will have saved far more than £1000 cashback with a rate of 2.5% ish .
rogparki
18 Aug 16#12
Doubt you would get it if you had £2K left on your mortgage balance :confused: but always worth a try .
kungpo
18 Aug 16#14
Sticking with my 0.94% (BR +0.69% tracker) for now
winchman to kungpo
18 Aug 161#31
You're being ripped off, happy with my BR+0.19% tracker... It has to be said there was one even lower, BR +0.17%
Can't complain at that.Just went on a lower deal with halifax nd very pleased with the service and deal.
kungpo
18 Aug 16#16
Also bear in mind that the lower the interest rate the more capital - and less interest - you repay back.
TWINKLE28
18 Aug 162#17
Hi, what's the minimum term for this mortgage and what's the max over payment you can make? Thanks
rogparki to TWINKLE28
18 Aug 161#20
Hard to say as its not on the Halifax website .
cornwallnick to TWINKLE28
18 Aug 16#21
10% overpayment concession per calendar year....rates are 2 to 5 year fixed rates.
rogparki
18 Aug 16#18
We obviously believe you - But nothing on their website promoting this deal - and without the cashback its a pretty poor deal ,even for those with small mortgage balances .
gallopingbanker to rogparki
18 Aug 161#24
As mentioned by twinkle28 it is under the special offers tab.
It's strange how it's not being promoted more visibly, unless they don't want us to take "advantage" of the offer :wink:
TWINKLE28
18 Aug 161#19
Yes it is on website I have just seen it under special offers
TWINKLE28
18 Aug 16#22
Two year no min amount is great!!
rogparki
18 Aug 161#23
Worth a look for those with a small mortgage balance (like me £18K ) - Why am I cynical ? Pay mine down to ,say, £2K with Nationwide then transfer it , I think I'll ask the question but I doubt there will be any mortgage advisors available for a week or two at Halifax to confirm I can do this .
cornwallnick to rogparki
18 Aug 16#29
Do it on the phone...03457 273747
lockwoodisbored
18 Aug 16#25
Apparently only FTB and 'home movers'. I guess I can't apply as I'd just like to move the mortgage.
gallopingbanker to lockwoodisbored
18 Aug 161#26
No, if you click on re mortgages you will find it under the special offers section. :smile:
cornwallnick to lockwoodisbored
18 Aug 161#27
And remortgage customers.
rogparki to lockwoodisbored
18 Aug 16#28
Depends on which page you access the "Special offers" from - On one page its for FTBs and Home movers only access it from the general page it appears to be valid for all remortgages - worth an enquiry but not too confident .
rogparki
18 Aug 16#30
Might have spotted the catch in T&Cs - £1000 paid to your conveyancer on completion ? Why would you need a conveyancer for a simple transfer of a £18K mortgage balance on a £200K house ? and if you did what would the "conveyancer " cost ?
gallopingbanker to rogparki
18 Aug 161#32
They sort out the conveyancer and pay standard fees. Conveyancer just sorts out the legal change to reflect the change of mortgage provider.
As we did a standard remortgage we have £0 costs to pay so no brainer. :sunglasses:
cornwallnick to rogparki
18 Aug 161#33
The conveyancer will send you the £1000 that's all that means.
cornwallnick
18 Aug 161#34
They used to do deals below base rate all those years ago!...but this is 2016 not 2007....not exactly a great comparison.
rogparki
18 Aug 16#35
The words being "your conveyancer" - not "the conveyancer " heavily implies a move is required . Not saying its not a deal for those with a small mortgage balance but it certainly needs to be clarified with Halifax, perhaps your mortgage advisor misread the T&Cs ? Needs to be clarified before we all jump ship with our small mortgage balances to the Halifax .
cornwallnick
18 Aug 16#36
Halifax instruct the conveyancer to do the conveyancing....if it's a simple remortgage, no adding people or removing them or postponing a 2nd charge etc, you will pay nothing and conveyancer will send you the £1000 after they have received it from Halifax. If you instruct your own conveyancer you will pay for it.
gallopingbanker
18 Aug 161#37
Halifax appointed us "Optimalegal" to do the conveyancing who are one of their in house conveyancers to sort the remortgage. Fully paid for by them.
cornwallnick
18 Aug 16#38
It is available to homemovers, first time buyers and remortgage customers who will move there mortgage to Halifax...
Graham1979
18 Aug 161#39
As a HUKD member would walk to the moon and back to save 5p off a tin of beans you should at least try.
winchman
18 Aug 16#40
But were they lifetime trackers like the Woolwich ones which are still running, or short 2 or 3 year deals?
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Opening post
Simple £1,000 mortgage cashback offer from Halifax...now even includes Re-mortgages of ANY amount!!!!
Just done this today in Preston and could not believe the deal on offer. I had seen similar deal (£750) earlier in the year for First time buyers and those moving home but now it's for all mortgages!
Fortunately we only have £19k left so getting this £1,000 is like over 5% cashback. Could not believe it was for mortgages of any amount as never thought it was worth switching before.
There was no specific advertising in branch (?!) but staff member on reception told me about it and then the mortgage adviser sorted it there and then.
Rates from 2.44% but we went for 2.64% with no fees at all.
Deal info...
Take the hassle out of remortgaging and get £1000 back.
So, if you’re thinking of remortgaging to us from another lender, we think you’re making a good move. Not only can we help keep things straightforward with our simple switcher service and dedicated mortgage advisers, but you’ll also get £1000 cashback. Now that’s a change for the better.
Apply between 15th August and 25th September 2016
We'll also pay our own legal fees and we won't charge you for the property assessment
£1000 paid through your conveyancer on completion
Offer can be withdrawn at any time and excludes: product transfers, further advances and home mover applications through Halifax Intermediaries.
Top comments
Whilst £1000 cashback sounds amazing, in reality depending on circumstances a deal that is £2-3-4-5000 or more cheaper may be possible.
For us if I remortgaged to this today the increased rate would more than offset that cashback and we would be over £1000 worse off after two years, including the cashback, compared to our current fixed rate.
But as you say OP if you have a low balance remaining this is likely to be very hot :smiley:
As you say this worked a treat for us.
All comments (40)
Whilst £1000 cashback sounds amazing, in reality depending on circumstances a deal that is £2-3-4-5000 or more cheaper may be possible.
For us if I remortgaged to this today the increased rate would more than offset that cashback and we would be over £1000 worse off after two years, including the cashback, compared to our current fixed rate.
But as you say OP if you have a low balance remaining this is likely to be very hot :smiley:
As you say this worked a treat for us.
It's called the Great Escape Tracker.
looking in branch tomorrow
hot from me
http://www.hotukdeals.com/deals/fixed-rate-mortgage-woolwich-mortgages-47273?page=2
It's strange how it's not being promoted more visibly, unless they don't want us to take "advantage" of the offer :wink:
As we did a standard remortgage we have £0 costs to pay so no brainer. :sunglasses: