Halifax cuts further advance rates

Sarah Davidson

March 13, 2015

Rates now start at 3.89% with no fee, while across the entire further advance range maximum loan amounts have increased from £50,000 to £2m.

Craig McKinlay, mortgages director at Halifax, said: “The increase in the maximum loan amount and significant reduction in rates in our further advance product range provides our customers with a great way to make repairs or improvements to their current property.”

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