Halifax launch Scottish MI New Home products

Robyn Hall

January 21, 2013

The deals are designed for borrowers with a 5% – 10% deposit purchasing a new-build property from the selected housebuilders.

Ian Wilson, head of sales, Halifax Intermediaries, said: “As the leading lender in the new-build market, we’re proud to supporting the MI New Home scheme. MI New Home will put the purchase of a new-build home back within the grasp of both Scottish first time buyers and home movers, and will give a much needed boost to housing supply.”

Product details:

o 2 year fixed mortgage at 5.69%, £999 fee

o 2 year fixed mortgage at 6.09%, with no product fee

o 7 year fixed mortgage at 5.69%, with no product fee

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