Halifax has launched a range of 10-year fixed rate mortgages for home movers and switchers, available at 60% LTV and 75% LTV for loans between £25,000 and £1m, including options with and without fees.
Home mover rates start at 2.44% (60% LTV with a £995 fee) and 2.59% (75% LTV and £995 fee), while for remortgage customers the rates begin at 2.69% (60% LTV with a £995 fee) and 2.89% (75% LTV with a £995 fee).
Andy Bickers, mortgages director at Halifax, said: “We know that many homeowners are looking for certainty with their mortgage payments over the longer term to give more peace of mind when it comes to their monthly outgoings.
“We are always coming up with new ways to meet the needs of mortgage customers and bolstering our existing range of two and five-year fixed rate products with these new, competitively priced 10-year fixes.”
Customers can also benefit from £500 to spend on Halifax’s mortgage gift site if they apply for a qualifying mortgage by 12 August.
Following the completion of their mortgage, customers will be given login details to access the site and choose from a range of 40,000 items, including household appliances, garden furniture and family days out.