Halifax Product Transfer for Existing Mortgage Customers
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This guide will cover everything you need to know about a Halifax product transfer, Halifax product transfer rates for existing customers, and how working with a mortgage broker can make it easier. If you have any questions, get in touch for free mortgage advice and support.
Halifax Mortgage Product Transfer
A Halifax product transfer, or mortgage rate switch, is when you change your current Halifax mortgage deal with your existing lender. When your fixed rate ends, you can stay with your current lender but switch to a new Halifax mortgage product. This can often reduce your monthly mortgage payments and save you money, especially if you are on a standard variable rate.
Staying with Your Current Lender Means…
Switch to their latest best Fixed or Tracker deal
No credit checks, income checks or valuation fees required
Takes as little as 15 minutes – see your options online instantly
FREE Mortgage Transfer service – so it doesn’t cost you a penny
Lock in your best rate up to 6 months before your deal expires
Faster and simpler than a remortgage
Bad credit/missed payments, not a problem (if the mortgage is up to date)
We transfer mortgage rates for hundreds of customers every month. If you don’t need to consolidate or borrow more funds, or it’s not the right time to remortgage.
Ready to start your product transfer? Fill in our quick and easy Halifax Product Transfer Form here >
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Halifax Product Transfer Rates for Existing Mortgage Customers
Halifax mortgage customers can access a range of competitive fixed and tracker rates tailored to different loan-to-value (LTV) ratios. Whether you’re looking to secure a lower monthly payment or lock in a fixed rate for peace of mind, Halifax offers flexible options to meet your needs. Below are the latest residential Halifax product transfer rates for existing customers as of 20th June 2025. These rates reflect the lowest currently available, but Halifax offers personalised deals based on your mortgage details. To find your specific rates, contact us today.Halifax Mortgage Renewal Rates Under 60% Loan-to-Value (LTV)
If you have at least 40% equity in your home, these rates may be available for your Halifax product transfer:| Type | Rate | Fee | Max LTV |
|---|---|---|---|
| 2 Year Fixed | 3.81% | £999 | 60% |
| 2 Year Fixed | 4.20% | £0 | 60% |
| 5 Year Fixed | 3.80% | £999 | 60% |
| 5 Year Fixed | 4.01% | £0 | 60% |
| 2 Year Tracker | 5.14% | £0 | 60% |
Halifax Mortgage Renewal Rates Under 75% Loan-to-Value (LTV)
For customers with 25% or more equity, here are the current options:| Type | Rate | Fee | Max LTV |
|---|---|---|---|
| 2 Year Fixed | 4.09% | £999 | 75% |
| 2 Year Fixed | 4.55% | £0 | 75% |
| 5 Year Fixed | 3.96% | £999 | 75% |
| 5 Year Fixed | 4.17% | £0 | 75% |
| 2 Year Tracker | 5.26% | £0 | 75% |
Halifax Mortgage Renewal Rates Under 85% Loan-to-Value (LTV)
For borrowers with at least 15% equity, consider these competitive options:| Type | Rate | Fee | Max LTV |
|---|---|---|---|
| 2 Year Fixed | 4.46% | £999 | 85% |
| 2 Year Fixed | 4.92% | £0 | 85% |
| 5 Year Fixed | 4.25% | £999 | 85% |
| 5 Year Fixed | 4.46% | £0 | 85% |
| 2 Year Tracker | 5.43% | £0 | 85% |
Halifax Mortgage Renewal Rates Under 90% Loan-to-Value (LTV)
If you have at least 10% equity, the following rates may apply:| Type | Rate | Fee | Max LTV |
|---|---|---|---|
| 2 Year Fixed | 4.85% | £999 | 90% |
| 2 Year Fixed | 5.31% | £0 | 90% |
| 5 Year Fixed | 4.44% | £999 | 90% |
| 5 Year Fixed | 4.65% | £0 | 90% |
Important: Avoid Halifax’s Standard Variable Rate (SVR)
Halifax’s standard variable rate (SVR) is now 7.74% as of June 2025. To avoid being moved onto this higher rate at the end of your current deal, it’s crucial to arrange your product transfer in advance. Locking in a new rate now could save you significant money on monthly payments.Get Personalised Halifax Product Transfer Rates
Since 2022, Halifax has offered personalised product transfer rates based on individual circumstances. The rates above reflect the lowest currently available, but your specific deal may vary. To find the best rate for your situation, contact us.When can I do a product transfer with Halifax?
Following a policy change that came into place on 5 December 2022, Halifax existing customers can now select and secure a new Halifax Product Transfer rate up to six months before their current mortgage product ends. If your existing rate ends on 31 December, a new rate can be selected from 1 July. It’s important to avoid paying early repayment charges by not starting a new rate before your existing rate ends.
Factors to Consider
When considering a Halifax product transfer, there are several factors to consider. These include:
the product fee,
the interest rate,
and the term of the new mortgage interest rate.
The product fee may be paid upfront or added to your borrowing. While the mortgage interest rates on fee-charged products can be considerably lower than those on products with no product fee, it’s important to consider whether the saving on interest when using a fee-paid product can outstrip the cost.
It’s also important to consider the terms of the new mortgage deal. If your client plans to make overpayments or their borrowing level or mortgage term is likely to change, a fee-charged product may not be the best option.
Halifax Product Transfer Process
Switching mortgage products with Halifax is easy. It starts with checking your eligibility and ends with switching to a new mortgage product when your current rate runs out.
1) Check Your Situation:
Look at your current mortgage terms, rate and balance.
What are your goals (e.g. lower monthly payments, fixed rate).
2) Talk to a Mortgage Broker:
Contact a mortgage broker who specialises in remortgages.
Give them your Halifax mortgage account number. You can find this on your latest mortgage statement or the Halifax App.
Tell them about your needs, wants and financial situation.
Get personalised advice and compare deals.
A mortgage adviser will value your property to check the loan to value.
3) Choose a New Mortgage Deal:
Select from Halifax’s tracker and fixed rates for existing customers.
4) Request Rate Switch:
Once you’ve chosen your rate we’ll request the new rate from Halifax on your behalf.
The new rate will start when your current rate runs out, so you won’t be charged potentially higher variable rates.
Simple Process:
Halifax don’t require underwriting for existing mortgage customers.
No need for proof of income or additional financial information.
No credit scoring, wage slips, accounts or SA302s for self-employed borrowers, bank statements or affordability checks.
Note: Further advances, term changes, home moves, and the removal of a borrower will still require standard underwriting.
Halifax Mortgage Product Transfer Timeline:
Broker Consultation: 1-2 weeks to discuss with your mortgage broker. This is to go through your needs and research deals.
Application and Assessment: 2-4 weeks after choosing a deal. Halifax will review your application and do a basic valuation.
Legal and Completion: 1-2 weeks for legal paperwork and signing the new agreement.
The whole product transfer process takes 4-8 weeks. Individual circumstances and any unexpected delays may apply.
Using a Mortgage Broker for Your Halifax Product Transfer
A mortgage broker is a godsend when switching your rate. They’ll give you expert advice, explain the options and guide you through the switch.
At YesCanDo Money we offer free, full-service mortgage broking to help you through the mortgage product transfer process. We’ll do the paperwork, give you mortgage advice, and get you the best deal available – all for free. Our team of experienced brokers will make it as smooth as possible, saving you time and stress.
Fee Free Mortgage Advice & Do-it-all service
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Smooth transition with excellent communication throughout
Frequently Asked Questions
Who is eligible for a product transfer?
Existing customers of Halifax mortgages are eligible for a product transfer. It's a great option if your current deal is ending soon or if Halifax's current mortgage rates are more favourable than your existing rate.
How long does product transfer take?
The product transfer process with Halifax is typically quick and efficient. It can take a few weeks from the application to the completion of the transfer, but this can vary depending on individual circumstances.
Is a product transfer easy?
Yes, a transfer is generally straightforward. Halifax makes the process easy for existing customers, with no need for conveyancing and no upfront legal fees.
What is a mortgage product transfer?
A mortgage product transfer is a process where you switch your current mortgage deal to a new product with the same lender. It can potentially secure a better interest rate and save money in the long run.
Is a remortgage the same as a product transfer?
The term "remortgage" can be used in two contexts. It can mean switching your mortgage to a different mortgage lender. However, it can also refer to changing your mortgage deal with your current lender, which is essentially the same as a product transfer. Both involve switching to a new mortgage product with your current lender. Both options can potentially offer better rates, but they involve different processes.
Halifax Product Transfer Form
Please take note of the following...
Product Transfers with Halifax may be available if your existing residential mortgage is either on the standard variable rate or is within 6 months of the expiry of fixed or discounted rate agreements.
Please complete and submit the below form and one of our advisers will be in touch.
Product Transfer Form
Please provide us with your mortgage details in the form below. Once we receive your information, one of our fee-free mortgage advisers will be in touch to discuss your mortgage rate switch options. We are here to help you find the best rates and terms tailored to your needs.
Grant Humphries (CeMAP)
Grant Humphries (CeMAP) is a proficient Mortgage & Protection Adviser at YesCanDo Money. With a career spanning since 2001, Grant has honed his expertise in understanding mortgage lenders' criteria, complex financial situations, and the nuances of the mortgage market. His deep knowledge enables him to provide tailored solutions, especially for professionals and those with unique financial profiles. At YesCanDo, Grant's commitment to excellence is evident. He takes pride in guiding clients through their mortgage journey, ensuring they feel confident and informed at every step. From first-time buyers to seasoned investors, Grant's analytical approach and dedication make him a trusted adviser in the financial landscape
