Halifax

Halifax Intermediaries reduces rates across its product range

15 August 2013

  • Halifax Intermediaries makes cuts to mortgage rates by up to 0.25%

Halifax Intermediaries has reduced rates on selected 2 and 7 year products across its mortgage range by up to 0.25%. These reductions also include; the Affordable Housing, New Build, Help to Buy, and NewBuy/MI New Home ranges.

Some of the new rates which come into effect from Friday 16th August include:

  • 75% LTV 2 year tracker rate mortgage for first time buyers, homemovers and remortgages has been reduced by 0.25% to 2.59% with a £999 fee or 2.99 % with no fee
  • 75% LTV 2 year fixed rate mortgage for first time buyers, homemovers, and remortgages has been reduced by 0.25% to 2.69% with a £999 fee or 3.19% with no fee

Homemovers only

  • 85% LTV 2 year fixed rate mortgage has been reduced by 0.20% to 3.64 % with a £999 fee or 4.04 % with no fee
  • 90% LTV 2 year fixed rate mortgage has been reduced by 0.20% to 4.79 % with a £999 fee or 5.39 % with no fee

Remortgage only customers

  • 75% LTV 2 year fixed rate mortgage has been reduced by 0.25% to 2.69% with a £999 fee or 3.19% with no fee
  • 80% LTV 2 year fixed rate mortgage has been reduced by 0.20% to 3.19% with a £999 fee or 3.59% with no fee

First Time Buyers only

  • 85% LTV 2 year fixed rate mortgage has been reduced by 0.20% to 3.44 % with a £999 fee or 3.84% with no fee
  • 90% LTV 2 year fixed rate mortgage has been reduced by 0.10% to 4.69 % with a £999 fee or 5.29 % with no fee
  • 90% LTV 7 year fixed rate mortgage has been reduced by 0.10% to 4.69 % with no fee

Help to Buy
Halifax exclusive 2-year fixed rate Help to Buy equity loan product has been reduced by 0.25% LTV to 3.34% with no fee.

Ian Wilson, Head of Halifax Intermediaries, said:
"We are making a number of changes to our product range and are pleased to be able to continue to support not only first time buyers, but the wider market. We are providing brokers with an even more competitive suite of products to offer their clients, demonstrating our commitment to the intermediary market.”

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