Halifax has cut product rates across first-time buyer, home mover, Help to Buy Mortgage Guarantee Scheme and remortgage products by up to 0.25 percentage points.
New two-year fixed rate for first-time buyer and home mover products:
- 60-75% LTV 2 year fixed rate products have been reduced by up to 0.2 percentage points with rates from 1.79% (£1,995 fee)
- 75-85% LTV 2 year fixed rate products have been reduced by 0.1 percentage points with rates from 2.59% (£495 fee)
Two-year fixed rate products for Help to Buy Mortgage Guarantee Scheme:
90-95% LTV 2 year fixed rate products have been reduced by 0.2 percentage points with rates from 4.99% (£495 fee)
Two-year fixed rate products for remortgage customers:
New 75-85% LTV two year fixed rate products now available from 2.59% (£495 fee)
Craig McKinlay, mortgages director at Halifax, said: “Halifax is committed to helping Britain prosper and providing great service and competitive products to our customers.
“In addition to our current £500 cashback offer, these rate reductions will further support first-time buyers trying to buy their first home; home movers who are looking to move up the housing ladder; and customers who want to release equity to carry out repairs or improvements to their property.”
