Halifax Intermediaries to relaunch over 60% LTV deals

Halifax Intermediaries will relaunch some mortgage products at over 60% LTV from the week beginning 30 March.

Halifax Intermediaries to relaunch over 60% LTV deals

Halifax Intermediaries will relaunch some mortgage products at over 60% LTV from the week beginning 30 March.

On 26 March, the lender announced the removal of all mortgages over 60% LTV from sale through brokers.

However, this did exclude product transfers and further advances.

The lender cited the coronavirus pandemic in why it chose to remove its high LTV mortgage products.

As noted on 26 March, customers with existing mortgage deals have been granted an additional three months to complete their home purchase/remo at the previously agreed mortgage rate.