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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 January/February 2012 issue of Your Mortgage is on sale now. In it we feature expert predictions on what will happen to house prices, interest rates and the wider economy in 2012. We also explain the latest State help for first-time buyers, weigh up the relative merits of offset mortgages, and offer handy hints and tips on making sure you have the right home insurance in place. Plus we have all the regular features and our invaluable mortgage basics section. Get your copy now for the latest news, information and help
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