Halifax Remortgage Rates: Product Transfer or Switch Lender?
6 October 2026
This page sets out Halifax remortgage rates in one dated table, the product transfer terms Halifax gives its existing customers and the point at which switching with Halifax beats moving to another lender. Every figure was read from Halifax's published intermediary rate guide on 6 October 2026 and is refreshed when Halifax reprices. Mortgage One is a whole of market mortgage adviser that prices a Halifax switch offer against the open market before a client accepts it.
For a free initial consultation that sets Halifax's switch offer against the whole of market before you accept it, call 01202 155992 or contact Mortgage One.
Halifax remortgage rates checked on 6 October 2026
At our 6 October 2026 check, Halifax remortgage rates start at 5.23% on a 2-year fixed and 5.26% on a 5-year fixed at 60% loan to value (LTV) with a £999 fee, or 5.69% and 5.47% fee-free. A £1,999 fee tier for loans of £250,000 or more starts at 5.07% and 5.13%. The Homeowner Variable Rate is 7.24%.
The table shows Halifax's published remortgage fixed rates at the five LTV tiers it prices to, on the £999 fee and fee-free products, read from the Halifax Intermediaries rate guide on the date shown. Remortgage and product transfer pricing sits apart from the home mover range on our Halifax mortgage rates page, and Halifax reprices often in both directions, so read every figure against its checked date rather than as live pricing.
| Loan to value | 2-year fixed, £999 fee | 2-year fixed, no fee | 5-year fixed, £999 fee | 5-year fixed, no fee |
|---|---|---|---|---|
| Up to 60% | 5.23% | 5.69% | 5.26% | 5.47% |
| 60% to 75% | 5.31% | 5.77% | 5.35% | 5.56% |
| 75% to 80% | 5.44% | 5.90% | 5.46% | 5.67% |
| 80% to 85% | 5.45% | 5.91% | 5.49% | 5.70% |
| 85% to 90% | 5.53% | 5.99% | 5.54% | 5.75% |
Source: Halifax Intermediaries rate guide, read 6 October 2026. £999 fee products need a minimum loan of £100,000 and fee-free products £25,000. Fixed to 31 December 2028 (2-year) and 31 December 2031 (5-year), complete by 31 May 2027. A £1,999 fee tier for loans of £250,000 or more prices from 5.07% (2-year) and 5.13% (5-year) at 60% LTV. Halifax changes rates without notice.
Every fixed rate in the table runs to a set date rather than for a fixed number of months: 31 December 2028 on the 2-year and 31 December 2031 on the 5-year, with a complete-by date of 31 May 2027. Early repayment charges on the 2-year are 2% to 31 December 2027 and 1% to 31 December 2028, and on the 5-year they step down from 5% to 1% a year at a time. The £999 products need a loan of at least £100,000, the fee-free products £25,000 and the £1,999 large-loan tier £250,000. A 3-year fix sits between the two, from 5.24% at 60% LTV with the £999 fee, and a 10-year fix runs from 5.47% at up to 75% LTV.
Halifax also prices 2-year trackers for remortgage, from 4.06% at 60% LTV, Bank Rate plus 0.31 points, with a £1,499 fee and a £75,000 minimum loan. That is 1.17 points below the equivalent 2-year fix, worth about £167 a month on a £250,000 loan over 25 years, but it moves with every Bank of England decision and the next one lands on 5 November. Our fixed or tracker mortgages analysis weighs that gap against the certainty a fix buys.
Halifax product transfer rates: what existing customers are offered
Halifax product transfer rates are shown to existing customers inside online banking or the app, and to a broker through Mortgage Enquiry, rather than published openly. A switch can be reserved up to four months before the current deal ends, with no valuation or legal fees, and the early repayment charge is waived in the final three months.
Halifax mortgage rates for existing customers therefore sit on a separate list from the remortgage table above, and the two move on different timetables. The switch mechanics are generous. Halifax lets an existing customer secure a new rate four months out and either start it straight away or forward-date it to the day the current deal ends. Inside the last three months the new product can begin from the first of the following month with no early repayment charge. Outside that window a switch still goes through, but the charge applies unless the saving covers it. Halifax asks for the switch to be completed by the 20th of the month before the new rate is due to start, or the new payment can land a month late.
A deal that is allowed to lapse moves onto the Halifax Homeowner Variable Rate, 7.24% at this check. Halifax no longer offers its Standard Variable Rate to anyone who switches, so a borrower who takes a new deal cannot return to it, although both rates stood at 7.24% on 6 October. Our product transfer mortgage guide covers how switch windows and affordability rules differ across the big lenders, and our current standard variable rate chart shows where Halifax's reversion rate sits against the market.
Is a Halifax product transfer better than remortgaging elsewhere?
Often, but not always. A Halifax product transfer wins when the balance stays the same and the switch rate matches the open market, because it needs no valuation, legal or affordability work. It loses when another lender prices your LTV band lower, when extra borrowing takes you past Halifax's 85% cap, or when a lower band is within reach.
The comparison is on total cost, not headline rate. On a £250,000 balance over 25 years, Halifax's 5.23% 2-year remortgage fix costs about £1,495 a month and the fee-free 5.69% about £1,564. A switch rate that lands between the two still beats a new lender once a £999 fee, a free valuation and free legals are counted on both sides, and it is the free legals that most borrowers forget to price. Our remortgage calculator runs the break-even month for any two deals.
Where a new lender wins is on the LTV tiers and on criteria. Halifax's own remortgage table shows the steps: 5.23% at 60% LTV, 5.31% at 75%, 5.44% at 80%, 5.45% at 85% and 5.53% at 90% on the 2-year £999 fee product. A borrower whose property value has risen into a lower band since the original mortgage is usually re-tiered by Halifax on a switch, but a lender with a 65% or 70% tier can price lower still. Our LTV calculator shows which band a current valuation lands in.
To have Halifax's switch offer priced against the whole of market for your balance and LTV band before you accept it, call 01202 155992 or contact Mortgage One.
Which Halifax remortgage deals have the lowest total cost?
At our 6 October 2026 check, the £999 fee 2-year fix beats the fee-free version once the loan passes roughly £152,000, and the £1,999 large-loan tier only pays for itself above around £444,000 on a 2-year fix or £218,000 on a 5-year fix. Below those loan sizes the cheaper fee wins despite the higher rate.
The arithmetic follows from the rate gaps. The fee-free 2-year fix sits 0.46 points above the £999 product, which on a 25-year repayment basis is worth about £41 a month on £150,000, or £987 over the two years, almost exactly the fee. The £1,999 tier is only 0.16 points below the £999 product on the 2-year, so the extra £1,000 of fee needs a large balance to earn back. On the 5-year the fee-free gap narrows to 0.21 points, and the £1,999 tier at 5.13% against 5.26% repays its extra fee from about £218,000.
Where a product fee is added to the loan rather than paid up front, it carries interest for the full term, so a £999 fee costs more than £999 by the time the mortgage is cleared. A borrower who expects to overpay heavily or clear the loan early should pay the fee up front where the budget allows. Our remortgaging guide sets out the full cost comparison, including arrangement fees, valuation, legals and incentives.
Loyalty Premier, Green Home and the other Halifax remortgage discounts
Halifax priced three remortgage discounts at our 6 October 2026 check. Lloyds Premier current account holders earning £100,000 or more get Loyalty Premier rates 0.20 points below the standard £999 products, from 5.03% on the 2-year and 5.06% on the 5-year at 60% LTV. Properties with an EPC rating of A or B earn £250 cashback.
Loyalty Premier is the one worth planning for. The account must be open when the application starts, at least one applicant needs £100,000 of income, and the discount applies on purchases, remortgages, product transfers and further advances alike. On a £250,000 2-year remortgage the 0.20 point saving is worth about £29 a month, or around £700 over the fixed period, and it cannot be combined with the Green Home cashback. The 10-year Loyalty fix at 5.43% is the lowest long fix Halifax publishes.
The standard remortgage service covers Halifax's legal costs through its own conveyancing panel and a free property value assessment, with the £250 cashback on the own-conveyancer products instead. Remortgages without extra borrowing run to 90% LTV and with extra borrowing to 85%, and part interest-only is available to 85%. Those caps decide whether a capital-raising remortgage can stay with Halifax at all, which is where the open market earns its comparison.
What a lapsed Halifax deal costs on the 7.24% Homeowner Variable Rate
A Halifax deal left to lapse reverts to the Homeowner Variable Rate of 7.24%. On a £250,000 repayment mortgage over 25 years that is about £1,805 a month against £1,495 on the 5.23% 2-year remortgage fix, a gap of £310 a month, so four months on the variable rate cost more than a £999 product fee.
That gap is the whole case for acting inside the four-month window. Halifax's variable rate has sat at 7.24% since 1 February 2026 and is among the highest reversion rates in the big six, matched by the 7.24% Homeowner Variable Rate on our TSB mortgage rates page. If you are weighing a 2-year against a 5-year, the market averages are almost level and our comparison of 2-year and 5-year fixed deals works through the choice on total cost. Where UK mortgage rates stand this week, lender by lender, is on our UK mortgage rates today page.
Three dates matter for a Halifax borrower deciding now: the Bank of England decision on 5 November, which Halifax can pass through to its trackers and its Homeowner Variable Rate, the complete-by date of 31 May 2027 on every product in the table, and the 20th-of-the-month cut-off for a switch to start on time. Fixed pricing moves on swap rates between those dates, and our UK interest rate projection tracks the market-implied path.
Figures as of 6 October 2026, London.
If your Halifax deal ends before March 2027 and you want the switch offer and a whole of market remortgage costed side by side, call 01202 155992 or contact Mortgage One.
Back to Rate Forecast and Economic Drivers
The information provided in this article is for general guidance only and does not constitute personal or regulated financial advice. If you'd like to understand what these moves could mean for you, speak to Mortgage One. We can explain your options and timings based on your specific circumstances.
FAQs
1. What are the latest interest rates with Halifax?
At our 6 October 2026 check Halifax's remortgage fixed rates ran from 5.23% on the 2-year £999 fee product at 60% LTV to 5.99% on the fee-free 2-year at 90% LTV, with 5-year fixes from 5.26% to 5.75%. The lowest rate in the remortgage range was 5.07% on the £1,999 fee 2-year fix for loans of £250,000 or more. Product transfer rates are shown to existing customers on login.
2. What is the lowest remortgage rate today?
Across the market the lowest 2-year remortgage fix on Moneyfacts' table of 1 October 2026 was 5.06% from Yorkshire Building Society at 60% LTV with a £1,495 fee. Halifax's lowest standard remortgage fix at that band was 5.23% with a £999 fee on 6 October, or 5.03% for Lloyds Premier customers. Fees and incentives decide which is cheaper on a given loan.
3. Is Halifax going to lower mortgage rates?
Halifax has not announced a cut. Its most recent moves were upward: selected fixed rates rose by up to 0.15 points in the week to 2 October 2026, after rises on 15 and 22 September. Halifax prices its fixed rates from swap rates, so the direction depends on funding costs rather than on the Bank of England decision alone.
4. Can I switch my Halifax mortgage deal early?
Yes. You can secure a new Halifax rate up to four months before your current deal ends and either start it straight away or forward-date it to the day the old deal finishes. Starting the new rate with more than three months left on the old one can trigger an early repayment charge. In the final three months the charge is waived on a switch.
5. Do I pay fees to remortgage with Halifax?
A product fee of £999 applies on the standard fixed rates, £1,999 on the large-loan tier and nothing on the fee-free products, which carry a higher rate. Halifax pays the legal fees through its own conveyancing service or gives £250 cashback if you use your own conveyancer, and the property value assessment is free. A product transfer carries no legal or valuation fees.
6. Is it better to fix for 2 or 5 years with Halifax?
At the £999 fee and 60% LTV the gap is 0.03 points, 5.23% against 5.26%, so the rate barely separates them. The 5-year carries early repayment charges stepping down from 5% to 1%, against 2% and 1% on the 2-year, so flexibility rather than price is the deciding factor for most Halifax borrowers choosing between the two.
7. What happens if I do nothing when my Halifax deal ends?
Halifax moves you onto its Homeowner Variable Rate, 7.24% at our 6 October 2026 check. On a £250,000 repayment mortgage over 25 years that is about £310 a month more than the 5.23% 2-year remortgage fix. The variable rate can change at any time and carries no early repayment charge, so you can leave it as soon as a new deal is arranged.
8. Do I need a broker for a Halifax product transfer?
You can switch online without one, but the switch offer only compares Halifax with Halifax. A broker prices the same balance across the whole of market, sees the product transfer range through Halifax's intermediary channel and, where the open market wins, runs the remortgage instead. Mortgage One makes that comparison before any Halifax switch is accepted.