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First-time Buyers

Halifax Intermediaries refunds valuation fee

vickyhartley
Written By:
vickyhartley
Posted:
Updated:
11/02/2015

Halifax Intermediaries is set to hand valuation fees back to first-time buyers and home movers borrowing over

From today the refund will be paid directly to the customer on completion.

For people purchasing in Scotland, a refund of £250 will be made.

Ian Wilson, head of Halifax Intermediaries, said: “We appreciate how expensive it can be for your clients to move home – whether they are a first-time buyer or a home mover. That’s why we’re offering valuation fee refunds for all home buyers with a mortgage of £200,000 and above on selected products.”

Halifax also offers a valuation fee promise which means it will refund a customer’s first valuation fee if their initial purchase falls through and they go on to complete on a mortgage for another property.

Halifax joined the rate war on purchase mortgages this month, alongside lenders such as Coventry and Nationwide, dropping rates on its two and five year deals on 12 September.

 


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