Halifax cuts rates
Halifax has reduced the rates on its 2-year 60% loan to value fixed rate homemover mortgage by 0.10% to 2.49 % and its 2-year 75% LTV fixed remortgage by 0.20% to 2.89%.
The lender has also cut the rates on its 2-year 80% and 85% LTV fixed and tracker remortgage rates reduced by 0.20%.
Craig McKinlay, new mortgages director at Halifax, said:”The housing market continues to strengthen, and once again Halifax is reducing rates on a number of products to help underpin these improvements.
“Whether customers are looking to remortgage or buy their first home, these competitive rates should really help.”
Upon completion of their mortgage Halifax customers will also receive £500 cashback to help with the cost of moving. The offer is available on all first time buyer and home mover products until 5th April 2013.