Quantcast
Menu

Editor's Pick

Halifax cuts rates by up to 0.30%

Christina Hoghton
Written By:
Christina Hoghton
Posted:
Updated:
07/03/2016

Home movers and first-time buyers will benefit from the reduction in mortgage rates

Halifax Intermediaries has reduced the rates on its first-time buyer and home mover mortgages by up to 0.30%. The deals are only available to borrowers who go through a mortgage adviser.

The main rate cuts include:

  • Selected fixed two-year 60% loan-to-value (LTV) home mover and first-time buyer rates reduced by 0.20%.
  • All five-year 60%, 75%, 80% and 85% LTV home mover and first-time buyer rates reduced by 0.30% including fixed, tracker, large loans and new build mortgages.
  • Selected fixed two- and five-year 90% LTV home mover and first-time buyer rates increased by 0.15%, including new build mortgages.
  • All fixed five-year 95% LTV Help to Buy (Mortgage Guarantee Scheme) home mover and first-time buyer rates reduced by 0.30%, including new build mortgages.

Ian Wilson, spokesperson for 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.”