Halifax cuts rates on 2 and 7 year deals

Sam Cordon

August 15, 2013

Highlights from the revised range include a 75% LTV 2-year tracker at 2.59% with a £999 fee or 2.99% with no fee and a 90% LTV 7-year fixed rate mortgage at 4.69% with no fee.

Ian Wilson, head of Halifax Intermediaries, said: “We are making a number of changes to our product range and are pleased to be able to continue to support not only first-time buyers but the wider market.

“We are providing brokers with an even more competitive suite of products to offer their clients demonstrating our commitment to the intermediary market.”

For remortgage customers, fixed rates have been cut to 2.69% at 75% with a fee of £999, fee free at 3.19%, and 3.19% at 80% LTV with a fee of £999, fee free at 3.59%.

The reductions include the Affordable Housing, New Build, Help to Buy, and NewBuy/MI New Home ranges.

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