Launched today, the cashback offer is available to all first-time buyers and homemovers who apply for a qualifying mortgage between 9 March and 3 May 2015. The £500 will be paid as cashback to customers through their conveyancer when the mortgage completes.
0-60% LTV 5 year fixed rate products have been reduced by 0.25% with rates from 2.59% (£495 fee), and 60-75% LTV 5 year fixed rate products have been reduced by 0.15% with rates from 3.34% (£495 fee).
Additionally, 0-60% LTV 4 year fixed rate product transfers have been reduced by 0.25% with rates from 2.84% and 60-75% LTV 4 year fixed rate product transfers have been reduced by 0.15% with rates from 3.29%, both with no fee.
Craig McKinlay, Mortgage Director at Halifax, said:
“Halifax is committed to helping Britain prosper and ensuring we provide competitive products and great service to our customers.”
“The extra costs included in buying a home or moving house can mount up. That is why we’re helping first-time buyers and homemovers with £500 cashback when they complete their mortgage with us and also reducing the rates across our five year product range.”
