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£1000 cashback on most new mortgages (now also inc Re-mortgages!) Preston and national. Ends 25th Sept. HALIFAX
£1000 cashback on most new mortgages (now also inc Re-mortgages!) Preston and national. Ends 25th Sept. HALIFAX

£1000 cashback on most new mortgages (now also inc Re-mortgages!) Preston and national. Ends 25th Sept. HALIFAX

Buy forBuy forBuy for£1,000
GETGet dealVisit site and get deal
Offer can be withdrawn at any time and excludes: product transfers, further advances and home mover applications through Halifax Intermediaries.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Offer can be withdrawn at any time and excludes: product transfers, further advances and home mover applications through Halifax Intermediaries.

103 Comments

I just remortgage today at 2.14 with 1000 fee. gutted.

Original Poster

gold3n_dragon

I just remortgage today at 2.14 with 1000 fee. gutted.



Give them a call and see if they will switch the deal...should be possible before it completes.

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

Thanks OP!

Original Poster

Nujol

Thanks OP. I would however encourage anyone looking to switch their … 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



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.

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 oO . On a " normal " mortgage of £200K -£400K this deal will work out far more expensive than the many deals now widely available .
Edited by: "rogparki" 18th Aug 2016

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.

£1000 on the house, yay!

Great if this works
looking in branch tomorrow
hot from me

rogparki

On first sight it seems good if you have a very low balance remaining … 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 oO . On a " normal " mortgage of £200K -£400K this deal will work out far more expensive than the many deals now widely available .


They won't be putting any minimum balance on it.

The annual rate is a bit high. I got a remortgage with nationwide for 1.44 2 year tracker

cornwallnick

They won't be putting any minimum balance on it.


Doubt you would get it if you had £2K left on your mortgage balance oO but always worth a try .

N42

The annual rate is a bit high. I got a remortgage with nationwide for … The annual rate is a bit high. I got a remortgage with nationwide for 1.44 2 year tracker


Then (depending on your mortgage size) you will have saved far more than £1000 cashback with a rate of 2.5% ish .

Sticking with my 0.94% (BR +0.69% tracker) for now

Can't complain at that.Just went on a lower deal with halifax nd very pleased with the service and deal.

Also bear in mind that the lower the interest rate the more capital - and less interest - you repay back.

Hi, what's the minimum term for this mortgage and what's the max over payment you can make? Thanks

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 .

Yes it is on website I have just seen it under special offers

TWINKLE28

Hi, what's the minimum term for this mortgage and what's the max over … Hi, what's the minimum term for this mortgage and what's the max over payment you can make? Thanks


Hard to say as its not on the Halifax website .

TWINKLE28

Hi, what's the minimum term for this mortgage and what's the max over … Hi, what's the minimum term for this mortgage and what's the max over payment you can make? Thanks


10% overpayment concession per calendar year....rates are 2 to 5 year fixed rates.

Two year no min amount is great!!

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 .
Edited by: "rogparki" 18th Aug 2016

Original Poster

rogparki

We obviously believe you - But nothing on their website promoting this … 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 .



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

Apparently only FTB and 'home movers'. I guess I can't apply as I'd just like to move the mortgage.

Original Poster

lockwoodisbored

Apparently only FTB and 'home movers'. I guess I can't apply as I'd just … Apparently only FTB and 'home movers'. I guess I can't apply as I'd just like to move the mortgage.



No, if you click on re mortgages you will find it under the special offers section.

lockwoodisbored

Apparently only FTB and 'home movers'. I guess I can't apply as I'd just … Apparently only FTB and 'home movers'. I guess I can't apply as I'd just like to move the mortgage.


And remortgage customers.

lockwoodisbored

Apparently only FTB and 'home movers'. I guess I can't apply as I'd just … Apparently only FTB and 'home movers'. I guess I can't apply as I'd just like to move the mortgage.


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 .
Edited by: "rogparki" 18th Aug 2016

rogparki

Worth a look for those with a small mortgage balance (like me £18K ) - … 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 .


Do it on the phone...03457 273747

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 ?
Edited by: "rogparki" 18th Aug 2016

kungpo

Sticking with my 0.94% (BR +0.69% tracker) for now


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%

hotukdeals.com/dea…e=2

Original Poster

rogparki

Might have spotted the catch in T&Cs - £1000 paid to your conveyancer on … 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 ?



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.

rogparki

Might have spotted the catch in T&Cs - £1000 paid to your conveyancer on … 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 ?


The conveyancer will send you the £1000 that's all that means.

winchman

You're being ripped off, happy with my BR+0.19% tracker... It has to be … 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%http://www.hotukdeals.com/deals/fixed-rate-mortgage-woolwich-mortgages-47273?page=2


They used to do deals below base rate all those years ago!...but this is 2016 not 2007....not exactly a great comparison.

cornwallnick

The conveyancer will send you the £1000 that's all that means.


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 .

Edited by: "rogparki" 18th Aug 2016

rogparki

The words being "your conveyancer" - not "the conveyancer " heavily … 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 .


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.

Original Poster

rogparki

The words being "your conveyancer" - not "the conveyancer " heavily … 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 .



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.

rogparki

The words being "your conveyancer" - not "the conveyancer " heavily … 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 .


It is available to homemovers, first time buyers and remortgage customers who will move there mortgage to Halifax...

rogparki

Doubt you would get it if you had £2K left on your mortgage balance oO … Doubt you would get it if you had £2K left on your mortgage balance oO but always worth a try .



As a HUKD member would walk to the moon and back to save 5p off a tin of beans you should at least try.

cornwallnick

They used to do deals below base rate all those years ago!...but this is … They used to do deals below base rate all those years ago!...but this is 2016 not 2007....not exactly a great comparison.


But were they lifetime trackers like the Woolwich ones which are still running, or short 2 or 3 year deals?
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