Website: Halifax
Phone: 08457 27 37 47
Getting a Halifax mortgage is a doddle and takes the hassle out of buying a home. Fast in-principle decisions, but watch the rates carefully and compare with other lenders.
More Britons have a Halifax mortgage than any other lender; although that's as much about simplicity as stunning rates. The easy-to-use site includes a full service (online application and tracking of progress, an in-principle agreement in as little as 15 minutes, home finder and home insurance policies. Halifax also has both an extensive branch network of building societies and an even larger network of estate agents.
A Halifax mortgage is always flexible- you can over or underpay, and interest is calculated daily rather than monthly, so you don't pay 'stepping' charges. An astonishing offer is also available if you want more money- you can have a loan at up to 97% of the value of your property (mortgage notwithstanding) which is an exceptional credit offer.
Halifax also keeps the extra fees down- they will in many cases pay your legal fees and sometimes also the valuation. They therefore offer good value- one warning: nowhere on the site will you find any fees or rates specifically identified (except for first time buyers rates which are listed), so get a formal quote before you buy. But buying a house is usually a mad rush- getting your mortgage sorted out this simply is no bad thing.
