In addition rates across the affordable housing range including New Buy and the newly launched Help to Buy range have also been reduced.
Some of the new rates include:
- 60% LTV 2 year fixed rate mortgage for first time buyers, homemovers and remortgage customers reduced by 0.10% to 2.14% with a £1,499 fee
- 75% LTV 2 year fixed rate mortgage for customers purchasing through Help to Buy reduced by 0.30% to 3.59% with no fee
- 85% LTV 2 year fixed rate mortgage for homemovers reduced by 0.20% to 4.04% with a £999 fee
- 95% LTV 2 year fixed rate mortgage for NewBuy customers reduced by 0.30% to 4.69% with a £999 fee
- 90% LTV 7 year fixed rate mortgage for NewBuy customers is being reduced by 0.30% to 4.69 with no fee
Ian Wilson, head of sales at Halifax Intermediaries, said:
"We are making a number of changes across our product range. We're offering competitive rates and have an excellent range of products for homebuyers and remortgage customers to choose from supported by our strong service proposition.
"As the leading lender in the affordable housing and new homes market, we have a compelling proposition helping to deliver an effective service to brokers and their customers."
