Halifax Intermediaries Product Guide

Transcription

1 Halifax Intermediaries Product Guide Customers with smaller loans will typically pay less over the product life if they select products with smaller fees, despite the higher interest rates payable. For the use of mortgage intermediaries and other professionals only. Contact your local Business Development Manager for more information or visit

2 For the use of mortgage intermediaries and other professionals only. Product changes Changes to our product range effective from Monday 15th August 2016 First time buyer (FTB) Products 1,000 cash back with selected rate increases to FTB products (includes New Build, Help to Buy equity loan, Affordable Housing - Shared Equity / Shared Ownership (SESO) but excludes Self Build.) o and fixed 60% LTV rates increased by 0.10% o fixed 75% LTV rate increased by 0.15% o fixed 80% and 85% LTV rates increased by 0.20% o fixed 90% and 95% LTV rates increased by 0.10% o fixed 80% LTV rate increased by 0.05% o fixed 85% LTV rate increased by 0.10% o fixed 90% LTV rate reduced by 0.20% o tracker 60% LTV rate increased by 0.35% o tracker 75% LTV rate increased by 0.40% o tracker 80% and 85% LTV rate increased by 0.45%. Homemover (HMV) and remortgage (REM) products All tracker rates increased by 0.25%. End and complete by dates End and complete by dates extended on all products by three months of the relevant year Help to buy mortgage guarantee scheme all products now complete by Tuesday 28 February Please note - on joint applications only one of the applicants needs to be a first time buyer. Contact your local Business Development Manager for more information or visit

3 15th August 2016 HMV Product Type Rate Until Fee Available between Min LTV ERCs Complete by Product Code /12/ ,000, March 2017 FAN /12/ ,000, March 2017 FAN /12/2018 1, ,000 1,000, March 2017 FAN /12/ ,000, March 2017 FAN /12/ ,000, March 2017 FAN /12/2018 1, ,000 1,000, March 2017 FAN /12/ ,000, /12/ ,000, March 2017 FAN March 2017 FAN /12/2018 1, ,000 1,000, March 2017 FAN /12/ ,000, March 2017 FAN /12/ ,000, March 2017 FAN /12/2018 1, , March 2017 FAN /12/ , March 2017 FAN /12/ , March 2017 FAN /12/ ,000, March 2017 FAN /12/ ,000, March 2017 FAN /12/ ,000, March 2017 FAN /12/ ,000, March 2017 FAN /12/ ,000, /12/ ,000, /12/ ,000, /12/ ,000, /12/ , /12/ , March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN733 Tracker Product Type Rate Tracks BOE Until Fee Available between Min LTV ERCs Complete By Product Code /12/ ,000, March 2017 FAN /12/ ,000, /12/ ,000, March 2017 FAN March 2017 FAN746 Only available when taken on a repayment basis /12/ ,000, March 2017 FAN747 Only available when taken on a repayment basis

4 15th August 2016 FTB Product Type Rate Until Fee Available between Min LTV ERCs Complete by Product Code /12/ ,000, /12/ ,000, /12/2018 1, ,000 1,000, /12/ ,000, /12/ ,000, /12/2018 1, ,000 1,000, /12/ , /12/ ,000, /12/2018 1, ,000 1,000, /12/ , /12/ ,000, /12/2018 1, , , /12/ , /12/ , /12/ ,000, /12/ ,000, /12/ ,000, /12/ ,000, /12/ ,000, /12/ ,000, /12/ ,000, /12/ ,000, /12/ , /12/ , March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN743 Tracker Product Type Rate Tracks BOE Until Fee Available between Min LTV ERCs Complete By Product Code /12/ ,000, /12/ ,000, /12/ ,000, /12/ ,000, March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN751 Only available when taken on a repayment basis Only available when taken on a repayment basis

5 15th August 2016 New Build HMV Product Type Rate Until Fee Available between Min LTV ERCs Complete by Product Code /12/ ,000, June 2017 FAN /12/ ,000, June 2017 FAN /12/ ,000, /12/ ,000, June 2017 FAN June 2017 FAN /12/ ,000, June 2017 FAN /12/ ,000, New Build FTB 30 June 2017 FAN763 Product Type Rate Until Fee Available between Min LTV ERCs Complete by Product Code /12/ ,000, June 2017 FAN /12/ ,000, June 2017 FAN /12/ ,000, /12/ ,000, June 2017 FAN June 2017 FAN /12/ ,000, June 2017 FAN /12/ ,000, June 2017 FAN769 These products are not available to Retirement Home plan or Consent to Lease customers Large Loans HMV Product Type Rate Until Fee Available between Min LTV ERCs Complete by Product Code Additional info /12/2018 1,499 1,000,000 5,000, /12/2018 1,499 1,000,000 5,000, /12/2018 1,499 1,000,000 2,000, Large Loans FTB These products are not available to Retirement Home plan or Consent to Lease customers 31 March 2017 FAN March 2017 FAN March 2017 FAN754 Product Type Rate Until Fee Available between Min LTV ERCs Complete by Product Code Additional info /12/2018 1,499 1,000,000 5,000, /12/2018 1,499 1,000,000 5,000, /12/2018 1,499 1,000,000 2,000, March 2017 FAN March 2017 FAN March 2017 FAN757

6 15th August 2016 REM With our remortgage service we will pay our legal fees or your customer can arrange their own conveyancer and pay their own costs. There is no charge for a property assessment Remortgage and Remortgage use own conveyancer Product Type Rate Until Fee Available between Min LTV ERCs Complete by Product Code /12/ ,000, /12/ ,000, /12/2018 1, ,000 1,000, /12/ ,000, /12/ ,000, /12/ ,000, March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN /12/ ,000, /12/2018 1, ,000 1,000, /12/ ,000, March 2017 FAN March 2017 FAN March 2017 FAN /12/ ,000, /12/2018 1, , , /12/ , /12/ , /12/ ,000, /12/ ,000, /12/ ,000, /12/ ,000, /12/ ,000, /12/ ,000, /12/ ,000, /12/ ,000, /12/ , /12/ , March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN March 2017 FAN792 Tracker Remortgage and Remortgage use own conveyancer Product Type Rate Tracks BOE Until Fee Available between Min LTV ERCs Complete By Product Code /12/ ,000, /12/ ,000, /12/ ,000, /12/ ,000, Large Loans - Repayment With our remortgage service we will pay our legal fees or your customer can arrange their own conveyancer and pay their own costs. There is no charge for a property assessment These products are not available to Retirement Home plan or Consent to Lease customers Remortgage and Remortgage use own conveyancer 31 March 2017 FAN793 Repayment and Interest Only 31 March 2017 FAN794 Repayment and Interest Only 31 March 2017 FAN795 Only available when taken on a repayment basis 31 March 2017 FAN796 Only available when taken on a repayment basis Product Type Rate Until Fee Available between Min LTV ERCs Complete by Product Code /12/2018 1,499 1,000,000 5,000, March 2017 FAN /12/2018 1,499 1,000,000 5,000, March 2017 FAN /12/2018 1,499 1,000,000 2,000, March 2017 FAN799

7 Product Type 15th August 2016 Homebuyer Special (Help to Buy Mortgage Guarantee Scheme) HMV HMV Rate Until Fee Available between Min LTV ERCs Complete by Product Code /12/ , February 2017 HTC598 Product fee can be added to the loan, provided this does not exceed 95% LTV once added /12/ , February 2017 HTC /12/ , February 2017 HTC600 Product fee can be added to the loan, provided this does not exceed 95% LTV once added /12/ , February 2017 HTC601 Product Type Rate Until Fee Available between Min LTV ERCs Complete by Product Code /12/ , /12/ , /12/ , /12/ , FTB FTB 28 February 2017 HTC February 2017 HTC February 2017 HTC February 2017 HTC609 Product fee can be added to the loan, provided this does not exceed 95% LTV once added Product fee can be added to the loan, provided this does not exceed 95% LTV once added THESE PRODUCTS ARE AVAILABLE FOR EXISTING HALIFAX & BOS MORTGAGE CUSTOMERS FOR TOP UP WHEN PORTING ONLY These products are not available to Consent to Lease customers Product Type Rate Until Fee Available between Min LTV ERCs Complete by Product Code /12/2018 1,999 1,000,000 7,500, /12/2018 1,999 1,000,000 7,500, Existing Customers Moving Home Homemover Only 31 March 2017 FAN March 2017 FAN801 Additional info Available to existing HX and BoS customers only Available to existing HX and BoS customers only Product Type Self Build FTB First Time Buyer Rate Until Fee Available between Min LTV ERCs Complete by Product Code Additional info /12/2018 1, , June 2017 SBL Cashback Product Type Self Build HMV Homemover Rate Until Fee Available between Min LTV ERCs Complete by Product Code Additional info /12/2018 1, ,000, June 2017 SBL cashback

8 15th August 2016 Affordable Housing - Shared Equity (including HTB Equity Loan) and Shared Ownership Schemes HMV Products available for Help to Buy 'Equity Loan' scheme but not Help to Buy 'Mortgage Guarantee' scheme These products are not available to Retirement Home plan or Consent to Lease customers Product Type Rate Until Fee Available between Min LTV HMV ERCs Complete by Product Code /12/ , June 2017 FAN /12/ , /12/ , June 2017 FAN June 2017 FAN /12/ , /12/ , /12/ , March 2017 FAN June 2017 FAN June 2017 FAN808 Products available for Help to Buy 'Equity Loan' scheme but not Help to Buy 'Mortgage Guarantee' scheme Product Type Rate Until Fee Available between Min LTV /12/ , Product Type Rate Until Fee Available between Min LTV /12/ , /12/ , /12/ , /12/ , /12/ , /12/ , Products available for Help to Buy 'Equity Loan' scheme but not Help to Buy 'Mortgage Guarantee' scheme Product Type Rate Until Fee Available between Min LTV /12/ , Help to Buy 'Equity Loan' Shared Equity Scheme HMV ERCs Complete by Product Code FTB FTB 30 June 2017 FAN804 ERCs Complete by Product Code 30 June 2017 FAN June 2017 FAN June 2017 FAN March 2017 FAN June 2017 FAN June 2017 FAN815 Help to Buy 'Equity Loan' Shared Equity Scheme FTB ERCs Complete by Product Code 30 June 2017 FAN811 For Shared Equity Remortgages: The customer must provide a minimum 10% deposit themselves The Equity loan term must be equal to or greater than the mortgage term Lending to repay all or part of the Equity Loan is allowed, although other debt consolidation reasons are not allowed For Shared Ownership Remortgages: The maximum LTV for customers remortgaging to Halifax is 90%, and is calculated on the current valuation of their share. The maximum LTV is 90% of the value of the part owned by the customer. Product Type Rate Until Fee Available between Min LTV Remortgage - Own Conveyancer ERCs Complete by Product Code /12/ , June 2017 FAN cashback Includes free valuation but no free legals - customer must instruct own conveyancer /12/ , /12/ , June 2017 FAN June 2017 FAN cashback Includes free valuation but no free legals - customer must instruct own conveyancer 250 cashback Includes free valuation but no free legals - customer must instruct own conveyancer /12/ , June 2017 FAN cashback Includes free valuation but no free legals - customer must instruct own conveyancer

9 Available to Halifax mortgage customers where their mortgage deal is coming to an end. Avalable for customer taking further advances. Please note the loan availability is based on the total mortgage debt. Any customer above 120% LTV please contact the product team at $Mortgage Back Book-Product & Pricing Further Advance applications will not be permitted within 6 months of completion of the original mortgage. Further Advances are only allowed up to 85% LTV. These products are not available to customers on Consent to Lease for product transfers, they are available for further advances. Product Type Rate Until Fee Min LTV /10/ , /10/ , /10/ , /10/ , /10/ , /10/ , /10/ , /10/ , /10/ , /10/ , /10/ , /10/ , /10/ , /10/ , /10/ , /10/ , Available to Halifax mortgage customers where their mortgage deal is coming to an end. These products are not available to Consent to Lease customers. Please note the loan availability is based on the total mortgage debt. Any customer above 120% LTV please contact the product team at $Mortgage Back Book-Product & Pricing Further Advance applications will not be permitted within 6 months of completion of the original mortgage. Further Advances are only allowed up to 85% LTV. These products are not available to customers on Consent to Lease for product transfers, they are available for further advances. Product Type Rate Until Fee 15th August 2016 Product Transfers and Further Advances Available between Available between Loans between 0-149,999 Min LTV ERCs Complete By Product Code Loans between 150, , /10/ , , /10/ , , /10/ , , /10/ , , /10/ , , /10/ , , /10/ , , /10/ , , /10/ , , /10/ , , /10/ , , /10/ , , /10/ , , /10/ , , /10/ , , /10/ , , October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN250 ERCs Complete By Product Code 1.75% to 31/10/ October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN260

10 Product Transfers and Further Advances - Large Loans Available to Halifax mortgage customers where their mortgage deal is coming to an end. These products are not available to Consent to Lease customers. Please note the loan availability is based on the total mortgage debt. Further Advance applications will not be permitted within 6 months of completion of the original mortgage. Further Advances are only allowed up to 85% LTV. These products are not available to customers on Consent to Lease for product transfers, they are available for further advances. Product Type Rate Until Fee Loans between 300, ,999 Available between Min LTV ERCs Complete By Product Code /10/ , , October 2016 FAN /10/ , , October 2016 FAN /10/ , , /10/ , , October 2016 FAN October 2016 FAN /10/ , , October 2016 FAN /10/ , , /10/ , , /10/ , , /10/ , , /10/ , , /10/ , , /10/ , , /10/ , , /10/ , , /10/ , , /10/ , , % to 31/10/ % to 31/10/ October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN270 Available to Halifax mortgage customers where their mortgage deal is coming to an end. These products are not available to Consent to Lease customers. Please note the loan availability is based on the total mortgage debt. Product Type Rate Until Fee Min LTV /10/ ,000 7,500, /10/ ,000 7,500, /10/ ,000 7,500, /10/ ,000 7,500, /10/ ,000 7,500, /10/ ,000 7,500, /10/ ,000 7,500, /10/ ,000 7,500, /10/ ,000 7,500, /10/ ,000 7,500, /10/ ,000 7,500, /10/ ,000 7,500, /10/ ,000 7,500, /10/ ,000 7,500, /10/ ,000 7,500, /10/ ,000 7,500, Shared Equity - for full repayment of the equity loan only Product Type Rate Until Fee Loans between 500,000-7,500,000 Available between Further Advances SHARED EQUITY ONLY - Available between Min LTV /10/ ,000 2,000, ERCs Complete By Product Code 1.5% to 31/10/ % to 31/10/ % to 31/10/ October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN October 2016 FAN280 ERCs Complete By Product Code 31 October 2016 FAN216