Halifax updates process for keyed applicant personal details

Halifax Intermediaries Online has announced that it has made changes to make it easier to amend customer personal details that have been keyed.

From 9 May, the fields under ‘personal details’ will no longer be ‘read only’ once a decision in principle (DIP) is submitted.

If details are incorrect or incomplete, the new updates will allow customers to amend fields to re-run the DIP decision, or change details when converting to a full application.

Halifax says a contact form is no longer needed to request any changes to the fields after a full application has been submitted.

Last week, Halifax also published new rate rises that came into effect on 3 May. A two-year fixed-rate remortgage at 60% loan-to-value, with a £1499 fee, is now 2.62%. The rate for the same product was 1.26% in July 2021.

The hike comes at a time when the country faces a cost of living crisis. Inflation rose to 7% in the year to March, the highest rate since 1992 and up from 6.2% in February.

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