Halifax has cut mortgage rates across its 0-95% loan to value (LTV) two-year fixed first-time buyer and home mover products by 0.50 percentage points.
In addition, Halifax has also cut the rates on its 0-90% LTV five-year fixed first-time buyer and home mover products, and 0-85% LTV five-year remortgage products by up to 0.45 percentage points.
New deals include the following:
Two-year fixed rate for first-time buyer, home mover and remortgage products:
- 85-90% LTV rates now 3.19% (£495 fee), and 3.39% (no fee) for first-time buyers and home movers.
- 75-85% LTV rates now 2.14% (£495 fee), and 2.34% (no fee) for remortgage customers.
Five-year fixed rate for first-time buyer, home mover and remortgage products:
- 85-90% LTV rates now 4.24% (£495 fee), and 4.44% (no fee) for first-time buyers and home movers.
- 80-85% LTV rates now 3.84% (£495 fee), and 4.04% (no fee) for remortgage customers.
Craig McKinlay, mortgages director at Halifax, said: “Halifax is committed to providing competitive mortgages and great service to our customers. The reduction in rates across our two and five-year product range for first-time buyers, home movers and remortgage customers will enable us to continue to support first-time buyers and those moving up the housing ladder.”
