Mortgage Prize Draw

Wouldn’t it be lovely to be mortgage free? Next month, could be you?

Rules expandable section
The draw, and how to join in

Bear in mind

Your current account

The draw, and how it works

Other important information

Changes

Promoter
1. The draw, and how to join in

The Halifax Mortgage Prize Draw is a series of monthly free prize draws.

You can take part in one or more of these monthly draws if you:

have a Halifax mortgage over your own home in England, Wales or Scotland;

have a Halifax or Bank of Scotland branded personal retail current account that’s been open throughout the calendar month before the draw, with £1,500 or

more paid in during that month;

live in England, Wales or Scotland and

have registered for the Halifax Mortgage Prize Draw, and agreed to these rules.

You can register online at Halifax.co.uk or in one of our branches. By registering you agree to these rules. You’re responsible for making sure your details are correct.

Entering the draw will not affect the terms of your mortgage or personal retail current account, including interest rates and charges.

The prizes for each monthly draw are:

one prize to pay off the winner’s Halifax mortgage (up to £300,000); and

one hundred prizes of £1,000.

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2. Bear in mind

You will not qualify for the draw if:

your property is or will be let to tenants; or

your mortgage is part of our Deedstore Scheme; or

there are arrears on your mortgage account. For the purpose of these rules, arrears means when a total sum of £1 or more of the monthly payment(s) due remain unpaid at the time of the draw.

Your mortgage can be in more than one name and everyone named on the mortgage should register for the draw separately if they want to take part. Each customer who registers will be entered into the draw as long as they qualify.

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3. Your current account

must be held in your name and can be a joint account you have with someone else; and

must be a personal account, not an account you have for business purposes or where you are signatory for an organisation.

We won’t include you in a draw if you have closed your Halifax mortgage, or you don’t have a Halifax or Bank of Scotland personal retail current account that’s been open throughout the calendar month before the draw with £1,500 or more paid in during that month.

If you close your mortgage or current account, and later take out another qualifying Halifax mortgage or open a qualifying Halifax or Bank of Scotland current account, we will treat you as still registered to take part in the Halifax Mortgage Prize Draw under the draw rules applying at the time (unless you have opted out under these rules). You will need to meet all qualifying criteria which apply at the time, including paying at least £1,500 into your qualifying current account to be entered in to each monthly draw. The draw rules are always available on the Halifax website.

For our top prize of paying off your Halifax mortgage (up to £300,000) the following will apply:

it will be paid directly to the qualifying mortgage account held by the customer who has registered for the draw, there is no cash alternative; and

any early repayment charges which would normally apply will not be charged; and

where a customer holds more than one eligible mortgage account we will pay off one account, the one with the highest balance (up to £300,000).

Our other prizes will normally be paid in to the eligible Halifax or Bank of Scotland personal retail current account held by the winner.

If you have a joint mortgage and you win one of the £1,000 prizes, you should consider whether your relationship with your fellow mortgage customers means you should split your winnings with them. Bear in mind that your prize will be paid to the Halifax or Bank of Scotland personal retail current account held by the winner which may not be an account solely in your name.

We may temporarily increase the number or size of prizes for one-off special draws. If we do this we don’t have to notify you or change these rules, but we’ll advertise the prizes on our website and in branch.

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4. The draw, and how it works

We carry out the draw every month, during the first five working days.

We pick winners at random from the qualifying entries for that month. Everyone who qualifies to take part has an equal chance of winning.

Each draw will be monitored by our independent adjudicator, KPMG LLP.

Within 30 days of the draw we will write to the potential winners. Please tell us if you change your postal or email address. If you’ve won, we’ll tell you how to claim your prize, what information we need from you before we can pay and how your prize will be paid.

If you’re a winner we can ask you to take part in publicity. You don’t have to agree. You also don’t have to accept your prize.

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5. Other important information

In these rules:

where we say ‘month’ we mean calendar month; and

a Bank of Scotland branded personal retail current account is a personal current account sold through our retail business under the Bank of Scotland brand, and does not include any of the other brand names used by Bank of Scotland such as Intelligent Finance (IF), Bank of Scotland Private Banking or St James’ Place Bank.

The Halifax Mortgage Prize Draw will run indefinitely until we end it under these rules.

The Halifax Mortgage Prize Draw is not currently available in Northern Ireland. If in future we’re satisfied that the law in Northern Ireland has changed appropriately, we may allow customers living there to take part. We can do this without notifying you personally, although we will let you know on our website and in branch.

You are not eligible for the draw if you or any other person named on the mortgage are an employee of any company in the Lloyds Banking Group. If you become an employee of Lloyds Banking Group after you have registered for the draw, you will not be eligible for any of the following monthly draws, but you can enter again if you later stop being employed within the Group.

You are also not eligible if you are someone who is engaged as a supplier, or employed by a supplier, and you are directly involved in or help with the draw.

If we can’t carry out a draw on the scheduled date and time, and it isn’t cancelled under these rules, it will take place as soon as reasonably possible afterwards.

We won’t be responsible to any qualifying customer if a draw cannot go ahead, or is delayed or cancelled, because of a legal or regulatory issue, a systems failure and the failure by any third party or any cause beyond our reasonable control.

We try our best to make sure our records are correct, and that only qualifying customers enter each draw. However it’s possible that in a small number of cases, a non-qualifying customer could be entered or a qualifying customer enter more than once. If a qualifying customer is entered more than once we won’t be responsible to other entrants. But we’ll take reasonable steps to stop a customer from winning more than one prize in that draw.

If a qualifying customer is left out of our records for any draw, we will not be responsible to them for any potential win they could have had. We’re also not responsible if we inadvertently pay a prize to someone who doesn’t qualify, but we’ll take reasonable steps to make sure this doesn’t happen and where we discover such an error will pay the prize to the next eligible person we randomly select.

In all matters relating to the Halifax Mortgage Prize Draw our decision is final, and we don’t have to respond to questions.

Before paying any prize, we can require any potential winner to provide reasonable proof of their identity, and that they were living in England, Wales or Scotland at the end of the month before the draw took place. For this purpose we reserve the right to make enquiries about where you live and it is our policy to disregard short term absences of up to three months from England, Wales or Scotland.

We can require winners or their representatives to attend at one of our branches to verify their details.

If we pay a prize to anyone who falsely claims to have won, that person must pay back the prize money to us, as well as our extra costs, losses, damages and expenses.

During the six months following any draw, you can request a list of winners’ names and counties from any of our branches.

A potential winner will no longer be entitled to a prize if:

we’ve had no response to our letter, email or other communication to tell the potential winner about their prize for at least six months from sending the letter; or

we’ve not been able to send a letter because post has been returned from the address, we have not been able to make contact in other ways and more than six months has passed since the relevant draw; or

if having contacted a potential winner, we find out that they do not qualify, or they haven’t supplied the information we have asked for or attended one of our branches as requested.

If this happens we will give the unclaimed prize to a charity or charities supported by Lloyds Banking Group.

If a potential winner who was a qualifying customer at the point we tried to contact them tries to claim a prize after the six month period and there is a reasonable excuse for the delay, we may decide to award the prize but do not have to do so.

If you don’t want to take part in any future monthly draws, please tell us in writing at FREEPOST, Halifax Mortgages Prize Draw.

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6. Changes

We can cancel any of the monthly draws, or stop running the Halifax Mortgage Prize Draw, without telling you beforehand where we can’t continue because of:

a legal or regulatory issue,

a systems failure;

the failure of any third party to carry out their services; or

for any other reason beyond our reasonable control.

If this happens we will let you know by putting a notice on our website.

We can also stop running the Halifax Mortgage Prize Draw for any reason, or change any of these rules (for example to reduce the number or size of prizes) by giving you notice.

If we stop running the Halifax Mortgage Prize Draw, or change these rules, we’ll give you notice on our website and in branch. If the change could affect you adversely, we’ll do this at least two months in advance.

If the change is beneficial or neutral, we will let you know within a month of the change happening. Where the change could affect you adversely and we have a current address for you, we will also write to you at least two months in advance. We can do this by post, email or other forms of written communication. You can opt out of future draws if you do not want to take part after the change.

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7. Promoter

Bank of Scotland plc is the promoter of the Halifax Mortgages Prize Draw. Its registered office is at The Mound, Edinburgh EH1 1YZ. Halifax is a division of Bank of Scotland plc.

This information is not part of the rules.

We may share your name, address and details of your accounts with the adjudicator – this is to verify that the draw has been carried out in line with these rules. You can access more information about how we share your information in our full privacy notice or ask us for a copy.

Halifax is a division of Bank of Scotland plc. Registered in Scotland No. SC327000. Registered Office: The Mound, Edinburgh EH1 1YZ. Bank of Scotland plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 169628.

The information is correct as of January 2020 and is relevant to Halifax and Bank of Scotland products and services only. Halifax is a division of Bank of Scotland plc.

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FAQs expandable section
How does the Prize Draw work?

Is there a closing date?

Is it free to enter?

How do I register for the Mortgage Prize Draw?

Do all accounts qualify?

What about joint accounts?

Do I need to register for every Prize Draw?

What are my odds of winning?

Can I win more than once?

How do I find out if I've won?

How will I receive my prize?

Why can’t I enter the draw if I live in Northern Ireland or abroad?

Can I see a list of winners?
1. How does the Prize Draw work?

The Halifax Mortgage Prize Draw is free to enter and signing up is quick and easy. All you need to do is register once on the hub page. We'll add your name to the Prize Draw each month if you meet the qualifying criteria. You will need to have a completed Halifax mortgage over your own home and be up-to-date with your mortgage repayments.

You’ll also need to pay at least £1500 into a Halifax or Bank of Scotland personal retail current account in the month before each draw. You should be aged 18 and over and live in England, Wales or Scotland (not Northern Ireland). All prize winners are selected at random, and we'll let you know if your name is chosen.

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2. Is there a closing date?

There isn't a set closing date. The Halifax Mortgage Prize Draw could end at any time, usually with at least 2 months notice.

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3. Is it free to enter?

Yes, registering and taking part will not cost you anything. If you meet the qualifying criteria on your mortgage and personal current accounts you will be entered into the draw.

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4. How do I register for the Mortgage Prize Draw?

You’ll need to be registered for Online Banking before you can enter the prize draw. Once you are registered and signed in, the prize draw link can be found in ‘My Mortgage Options’ which sits on the left of the screen when using a computer or laptop. If using your mobile you’ll find the link in the ‘Our Products and Services’ section under ‘Mortgages’ (prize draw registration isn’t currently available through our Mobile Banking App).

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5. Do all accounts qualify?

You must have an existing Halifax mortgage on your own home and will not qualify for the draw if there are arrears on your mortgage account or your property is or will be let to tenants. You must also have a Halifax or Bank of Scotland personal retail current account and pay in at least £1500 in the month before each draw. Please see the Halifax Mortgage Prize Draw rules for more details.

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6. What about joint accounts?

If your mortgage is in joint names, all persons named on the mortgage should register for the draw. Each registered customer will be entered into the draw as long as they meet the qualifying criteria.

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7. Do I need to register for every Prize Draw?

No, you only need to register once. We'll add your name to the Prize Draw every month, when you meet all the qualifying rules.

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8. What are my odds of winning?

They change each month, depending on how many entries we receive, but we give away 101 prizes in the Mortgage Prize Draw in a normal month.

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9. Can I win more than once?

Yes you could, but not in the same draw, in the same month. Each entrant has one chance to win each month, but it is possible for your name to be chosen again in later months if you meet the qualifying rules.

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10. How do I find out if I've won?

If you're selected in the draw, we'll write to you within a month using the address we have for you. We could also call or email you if we have these details.

Before we confirm any winners, we can ask to see proof of identity, age, and residency.

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11. How will I receive my prize?

For our top prize of paying off the Halifax mortgage (up to £300,000) it will be paid directly to the mortgage account held by the customer that has registered for the draw, there is no cash alternative. Any early repayment charges which would normally apply will not be charged; and where the mortgage is for over £300,000 and there is more than one part of the mortgage loan, we will reduce each part by the same proportion we apply the monthly mortgage payments.

Where a customer holds two eligible mortgage accounts we will pay off one account, the one with the highest balance (up to £300,000).

Our other prizes will normally be paid in to the eligible Halifax or Bank of Scotland personal retail current account held by the winner.

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12. Why can’t I enter the draw if I live in Northern Ireland or abroad?

We can only offer this prize draw in England, Wales and Scotland. Different laws apply in Northern Ireland and other jurisdictions, so unfortunately we can't offer the prize draw to anyone living there.

In the future if we’re satisfied that the law in Northern Ireland has changed, we may allow customers living there to take part in the draw. When we check if you live abroad, are policy is not to count short term absences with up to 3 months, for example, if you're on holiday.

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13. Can I see a list of winners?

Yes, you can ask for a list of the winners for the last 6 months in any of our branches.

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