Halifax slashes first-time buyer rates

Ryan Bembridge

March 4, 2016

Halifax has slashed first-time buyer and homemover mortgage rates by up to 0.30%.

Its 5-year rates to 60%, 75%, 80% and 85% loan-to-value have all been cut by 0.30%, while its 95% LTV Help to Buy Mortgage Guarantee rates have been slashed by 0.30%.

The lender’s 60% LTV 2-year fixes meanwhile have been reduced by 0.20%, although some 2 and 5-year rates to 90% LTV have been increased by 0.15%.

Ian Wilson, head of sales at Halifax Intermediaries, said: “These latest intermediary rate cuts provide further options for borrowers and enable us to cater to an even greater range of customer needs.

“Halifax Intermediaries is committed to offering not only competitive products but also great service.”

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