Halifax reduces rates across mortgage range

Halifax has reduced product rates across first-time buyer, home mover, Help to Buy Mortgage Guarantee Scheme and remortgage products by up to 0.25%.

Related topics:  Mortgages
Rozi Jones
27th March 2015
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For first-time buyers and home movers, two-year fixed rate products now include a 60-75% LTV reduced by up to 0.2% with rates from 1.79% (£1,995 fee), and a 75-85% LTV reduced by 0.1% with rates from 2.59% (£495 fee).

Two-year fixed rate products for the Help to Buy Mortgage Guarantee Scheme have been reduced by 0.2% with rates from 4.99% at 90-95% LTV.

Halifax has also launched a new 75-85% LTV two year fixed rate product for remortgage customers available from 2.59% with a £495 fee.

Craig McKinlay, Mortgages Director at Halifax, said:

“Halifax is committed to helping Britain prosper and providing great service and competitive products to our customers.

“In addition to our current £500 cashback offer, these rate reductions will further support first-time buyers trying to buy their first home; home movers who are looking to move up the housing ladder; and customers who want to release equity to carry out repairs or improvements to their property.”

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