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Halifax has reintroduced its first-time buyer and home mover promotion whereby it pays half of the first year's Council Tax to help with the cost of moving home.
The offer is available up to £750, applies to all products in the Homebuyer and FTB Choices ranges and is valid up until 7 May 2010.
The average Council Tax bill in Great Britain has increased by 121% over the past 13 years, from £529 in 1996-97 to £1,166 for the current financial year.
Stephen Noakes, commercial director of mortgages at Lloyds Banking Group, said: "We all know that moving into a new home can be both a stressful and expensive time. By paying half of the Council Tax bill, we're supporting customers with one of their biggest monthly outgoings, at a time they need it most."
The truth about house prices
We are constantly bombarded with, often conflicting, information regarding house prices. Paula John provides a round-up of the major indices, explaining why they differ.
The September/October issue of Your Mortgage is on sale now. In it we look at how far you can – and should - go when arranging a mortgage online; the help available for first-time buyers from lenders, family and the government; we explain the advantages of using a good adviser and how to find one, and why buying a brand new property can be kind to your wallet and your nerves. Get your copy for the latest news, information and help.
The Your Mortgage Awards aim to reward those lenders that have excelled in providing innovative and competitive products. Widely regarded as the UK's definitive consumer mortgage awards, the Your Mortgage Awards have now been running for 20 years.





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