Halifax Intermediaries cuts rates

Sam Cordon

August 2, 2013

The new products include a range of 2-year fixed and tracker mortgages at 80% loan to value for homemovers, first time buyers and remortgage customers with rates starting at 3.39% with a £999 fee and 3.79% with no fee.

Rates are also being reduced on the Halifax’s 85% LTV 2-year fixed rate range which is now available from 3.44%, its 90% LTV 2-year fixed rate for homemovers which now starts at 4.99% and its 90% LTV 2 year fixed rate range which start at 4.79%.

Rates are also being reduced on NewBuy and MI New Home products by 0.20% with rates now starting at 4.49%

Ian Wilson, Head of Halifax Intermediaries said: “We are strengthening or product range by continuing to offer competitive rates and an excellent range of products for homebuyers and remortgage customers to choose from.

“By further reducing the rates across our affordable housing mortgages, we are continuing to demonstrate our commitment to helping home buyers in this sector make their way onto the property ladder.”

In addition, the Mortgage Account Fee on ‘fee free’ remortgage products have been waived and remortgage products with a £999 fee are being offered with a £250 cashback.

Wilson added: “With fixed rate mortgages falling it is now an ideal time for brokers to discuss remortgage options with their clients and our fee free products and cashback offer provides brokers with an added extra for their clients.”

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