Halifax announces rate cuts on home mover products

Halifax has today announced a number of rate reductions across its home mover range in a move to further support the UK’s mortgage market.

Related topics:  Mortgages
Amy Loddington
15th February 2013
Mortgages
Available from today, selected rates have been reduced by up to 25bps on a number of fixed rate and tracker mortgages.

Rate Reductions

- 5yr 60% LTV fixed home mover product reduced by 0.25% to 2.99%

- 5yr 60-75% LTV fixed home mover product reduced by 0.10% to 3.59%

- 5yr 75-85% LTV fixed home mover product reduced by 0.20% to 4.39%
   
- 2yr 60-75% home mover and first time buyer fixed and tracker reduced by 0.20% to 3.09% and 2.99% respectively.

Stephen Noakes, mortgages director at Halifax, said:

"These rate changes are the latest in a long line of reductions across our product range. The market is improving for those looking to remortgage or move home, and our new lower rates will make the market even more competitive.”
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