Halifax refreshes range
On 85% loan-to-value first-time buyer and homemover products the valuation will be refunded, while the same applies on new build products to 80% LTV. The valuation refund does not apply on the lender’s affordable housing range, trackers, large loan range, self-build and Help to Buy Mortgage Guarantee Scheme or Equity Loan products and 5-year products.
Halifax’s 95% LTV Help to Buy Mortgage guarantee Scheme products have been cut by up to 0.40% as headline rates include a 4.09% 2-year fix with a £999 fee and a 4.49% rate with no fee.
To 60% LTV rates include a 1.44% 2-year fix with a £999 fee and a 1.84% 2-year fix with no fee for first-time buyers and homemovers.
Halifax’s 2-year trackers start at 1.14% to 60% LTV with a £999 fee, while other rates include an 85% LTV tracker at 1.84% with a £999 fee.
Ian Wilson, head of sales at Halifax Intermediaries, said: “Offering borrowers a refund on property valuation costs is another example of where we offer our customers not only competitive products but also great service through our service excellence programme.
“These latest intermediary rate cuts show that we remain committed to helping customers save money by taking out a mortgage with Halifax.”