Halifax improves mortgage range with further cuts to fixed range

Halifax is today making further reductions of up to 0.35% across its range of 2, 3 and 4 year fixed rate products.

Related topics:  Mortgages
Millie Dyson
5th August 2011
Mortgages
This is the latest move in a series of rate cuts across the Halifax mortgage range for homebuyers and remortgagers.

Halifax is currently offering a 75% LTV 3 year fixed rate deal at 3.84% for home buyers and remortgagers. The rate has been reduced by 0.35% and is the largest reduction made in today's range refresh.

The reductions for homebuyers include:

- 2yr fixed rate 0-60% LTV reduced by 0.15% to 2.84%

- 3yr fixed rate 0-60% LTV reduced by 0.05% to 3.54%

- 2yr fixed rate 60-75% LTV reduced by 0.20% to 3.19%

- 3yr fixed rate 60-75% LTV reduced by 0.35% to 3.84%

- 4yr fixed rate 60-75% LTV reduced by 0.05% to 4.54%

The reductions for remortgages include:

- 2yr fixed rate 0-60% LTV reduced by 0.15% to 2.84%

- 2yr fixed rate 60-75% LTV reduced by 0.25% to 3.14%

- 3yr fixed rate 60-75% LTV reduced by 0.35% to 3.84%

- 4yr fixed rate 60-75% LTV reduced by 0.05% to 4.54%

All products attract a fee of £995 and are available on loans up to £1million.  Remortgage products include the Halifax remortgage service, which comprises of a free valuation and no legal fees.  

Stephen Noakes, Commercial Director of Mortgages, Halifax, said:

"We are continuing to lower rates in order to provide the best possible value to first time buyers, home buyers, and remortgagers. These changes are part of a raft of improvements and reductions already this year, which will provide a much wider choice for those looking for a great deal."
More like this
Latest from Property Reporter
Latest from Protection Reporter
CLOSE
Subscribe
to our newsletter

Join a community of over 30,000 intermediaries and keep up-to-date with industry news and upcoming events via our newsletter.