Halifax cuts rates for home movers
The lender has reduced the rates on its 5-year fixed rate product for 60% loan to value by 0.25% to 2.99% and its 5-year 75-85% LTV by 0.20% to 4.39%.
Halifax also cut its 2-year 60-75% home mover and first time buyer fixed and tracker products by 0.20% to 3.09% and 2.99% respectively.
Stephen Noakes, mortgages director at Halifax, said:”These rate changes are the latest in a long line of reductions across our product range.
“The market is improving for those looking to remortgage or move home, and our new lower rates will make the market even more competitive.”