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New remortgage cashback offer from Halifax

Christina Hoghton
Written By:
Christina Hoghton
Posted:
Updated:
01/03/2016

The lender has chopped rates and is giving £250 cashback to direct remortgage customers

Halifax has introduced a new cashback offer for customers remortgaging directly with the bank. Customers will earn £250 cashback automatically on completion of their remortgage before 24th April.

Plus the lender has reduced product rates across its first-time buyer and home mover range by 0.2%.

Halifax’s remortgage rates start from 2.24%, and come with the bank’s Switcher Service, which offers a dedicated mortgage adviser and no charge for the standard valuation costs and basic legal fee. On average, this saves customers around an additional £300, according to the lender.

Craig McKinlay, mortgages director at Halifax, said: “Existing homeowners stand to save a significant amount by switching their mortgage to the Halifax, not only on their monthly payments, but this latest offer means that the cost and any hassle has also been reduced significantly.”

Rates reduced

Rates have also been reduced by 0.2% on two and five-year fixed rate home mover and first-time buyer mortgages, and now start from 1.84%.