Three Halifax customers will win their mortgage paid off in full, following the launch of the Halifax Mortgage Prize draw.
Halifax customers who apply for a qualifying mortgage between 5 November and 30 December 2018 will be in with a chance of becoming mortgage-free (up to the value of £300,000) and 100 runners up will receive cash prizes of £1,000.
Russell Galley, managing director, Halifax said: “For most people, mortgage repayments are by far the biggest of their monthly outgoings, with mortgage freedom decades away from becoming a reality.
“I’m delighted that Halifax will be the first bank to offer a prize draw to help change the lives of three lucky mortgage customers, on top of our £500 cashback offer.”
To be eligible for the draw, customers must: be a homebuyer remortgaging to Halifax or be an existing Halifax customer changing those named on the mortgage and apply for a qualifying mortgage between 5 November and 30 December 2018. They must also register for the draw by 31 January 2019 and complete their mortgage by 31 March 2019
During the period of the prize draw, Halifax will continue to run its popular cashback campaign, offering all eligible customers £500 on completion of their mortgage. The prize draw will take place on 15 April 2019.