Halifax & Equity Release
Before You Start Reading…
How Much Can You Release? 👇
Are you wondering if Halifax offers equity release?
With so many financial institutions in the UK, it’s difficult to know for sure which is the best to turn to.
Fortunately, we’re here to guide you.
What You’ll Learn in This Article:
As experts in the equity release field (we’ve reviewed more than 250 schemes!), we’ve combed the market, researched all service providers and narrowed it down to who’s on top.
Is Halifax an equity release company?
Find out now!
This website (SovereignBoss) is not related to, or a part of Halifax. The views in this article are our own & may not reflect those of Halifax.
Who Are Halifax?
Halifax, previously Halifax Building Society, is a British banking brand and a trading division of Bank of Scotland,
Itself a wholly-owned subsidiary of Lloyds Banking Group1.
It was founded as a building society in 1853 but demutualized in 1997.
Does Halifax Offer Equity Release Products?
No, Halifax doesn’t offer equity release products.
Does Halifax Have an Alternative to an Equity Release Calculator?
Halifax doesn’t have an equity release calculator, but you can try its mortgage calculator here.
If you’re specifically looking for an equity release calculator, you can try ours below:
How Much Can You Release?
Use the Calculator Below 👇
Why Consider Halifax?
You should consider Halifax as it offers a wide range of financial products.
These include bank accounts, ISAs, Savings, Investing, loans, mortgages, and more.
Halifax Reviews & Ratings
- ReviewCentre.com reviews on Halifax
- Customer reviews of Halifax on UK.TrustPilot.com
- Halifax Reviewed on SmartMoneyPeople.com
How Did We Review Halifax?
We reviewed Halifax by gathering all the latest information available about the bank.
Our review of Halifax is independent, and we are not affiliated with the company in any way.
If you’re unhappy with Halifax and would like to make a complaint then the best way to do this is to reach out directly on their website.
They care about their customers and will forward you to the relevant department.
The alternative is to use a review site such as Trustpilot or Feefo and leave a review and they’ll quickly reach out to you to assist.
Pros & Cons
The pros of Halifax include the large product offering and the cons include that it doesn’t offer equity release.
- Good options for deposits and withdrawals.
- Quick and easy account opening.
- No withdrawal fee.
- No inactivity fee.
- High stock trading fees.
- No equity release products.
- Yearly account fee.
Editor’s Rating: 4.94
Learn More About Halifax
Halifax was founded in 1853 and became a public limited company4 in 1997.
In 2001 Halifax plc merged5 with The Governor and Company of the Bank of Scotland, forming HBOS.
In 2006, the assets and liabilities of the Halifax chain were transferred to Bank of Scotland, and in 2009, HBOS was taken over by Lloyds TSB.
Halifax aims to provide outstanding service to all of its customers.
As a result, you can expect equal access, facilities, and treatment regardless of your requirements or ability.
The majority of its 800 locations are open concept, making it simple to get in and out as well as move about within.
The majority of them also features a front desk, where you can discuss your requirements with a member of staff.
Halifax employees will also be able to answer your inquiries and assist you to the best of their abilities.
- Financial Conduct Authority (FCA)6
- Financial Services Authority Now the Prudential Regulation Authority (PRA)7
- FCA Ref Number: 193756
- FCA Reg Number: 4028118
FCA & Companies House Link
Halifax Contact Number & Address
- +44 345 720 3040
- 118, 132 New Oxford St, London WC1A 1HD, United Kingdom
Is Halifax a Member of the Equity Release Council?
No, Halifax is not a member of the Equity Release Council.
Who Owns Halifax?
Halifax is one of the biggest lenders in the UK, operating as a trading division of Bank of Scotland, itself a wholly owned subsidiary of Lloyds Banking Group. The bank traces its roots back to 1853 when a group of Halifax shopkeepers got together to save for funerals.
Halifax advertise its available jobs on its website, which you can find in its dedicated careers area.
Where is Halifax Located?
Today, Halifax is headquartered in Huddersfield and has over 90 branches across the UK.
While Halifax may not offer equity release, it’s a financial institution worth considering for other products.
We always suggest you work with a financial advisor or broker, before making major financial decisions.
Before You Go…
Use the FREE Calculator Below 👇
Editor’s Note: The information contained in this website is for general information purposes only & while we endeavor to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk. This content has been independently collected by the SovereignBoss team and is offered on a non-advised basis. View our editorial guidelines.
Spotted a Mistake? Let us know here.