Your clients can borrow more money against the value of their home. The additional borrowing is secured against their existing Halifax mortgage. Additional borrowing applications will not be permitted within 6 months of completion of the original mortgage.
Benefits: why offer further advances?
- Earn a procuration fee
- Review opportunity - review your clients' finances including their general insurance
- Case tracking - access to regular email updates from our team on the progress of your case
Please note if you would like to make an application for your client for a further advance, these must be placed using the earlier edition of the Intermediaries online application system.
Any additional borrowing is secured against your clients' home.
Use the Affordability Calculator as a guide to how much your clients could borrow.