Halifax cut rates on 2-year intermediary products
The new rates will be available for first-time buyers, home movers and remortgage customers.
At 80% loan to value the 2-year New Build fixed rate is down to 4.59% with no fee and the 80% Affordable Housing 2-year fix, which will cost £999, is down to 4.49%.
Other highlights include cuts to the 80% LTV 2-year fixed rate and tracker products which were reduced by 0.20%; both are available for a £999 fee.
Ian Wilson, head of sales at Halifax Intermediaries, said: “We announced a succession of rate changes to our core mortgage range last week. We are pleased to be able to continue this.
“Affordable housing and shared ownerships help thousands of first-time buyers and key workers to get on to the property ladder and both lenders and brokers need to work together to help educate clients on the options available to them.”