60-75% LTV 2 year fixed rate products have been reduced by 0.15% with rates from 1.99% (£1,995 fee) and 0-60% LTV 2 year fixed rate products have been reduced by 0.2% with rates from 2.17% (No fee).
Halifax's Shared Equity/Shared Ownership loan amount has been increased from £250,000 to £350,000. New Build 80-85% LTV loan amounts have increased from £500,000 to £1,000,000, and 85-90% LTV loan amounts have increased from £500,000 to £750,000.
Craig McKinlay, Mortgages Director at Halifax, said:
“Halifax is committed to providing competitive mortgages and great service to our customers. The reduction in rates and increases to our maximum loans for New Build and Affordable Housing ranges will enable us to continue to support first-time buyers and the new build market.”
