Halifax cuts 90% LTV first-time buyer rates

Mortgage rates start at 3.19%, which includes affordable housing shared equity/shared ownership products.

Halifax Intermediaries has cut its 90% loan-to-value first-time buyer rates by 0.30%.

Mortgage rates start at 3.19%, which includes affordable housing shared equity/shared ownership products.

Ian Wilson, head of Halifax Intermediaries, said: “By reducing our rates to meet the needs of first-time buyers and giving extra through offers and best-in-class service, we continue to demonstrate our commitment to helping one in four first time buyers take their first step onto the property ladder.”

First-time buyers can get a 1% cashback incentive worth up to £2,000 for first time buyers across the product range, including new build, the affordable housing range and both government Help to Buy schemes.