Halifax has introduced an offer to give homebuyers £500 towards the cost of moving home on completion of a property purchase.

The offer will be available to homebuyers who take out a mortgage with Halifax between 31 August and 22 October with £500 paid to the customer via their conveyancer, once the purchase has been completed.

Also, customers who instruct a solicitor using Halifax conveyancing will also be eligible to save an additional £200.

The offer will also be available on selected New Build, NewBuy and Shared Equity / Shared Ownership products through the Halifax intermediary channel.

Halifax has also reduced its two-year fixed rates by 0.20 percentage points”

75-80% LTV at 3.94% with no fee
80-85% LTV at 4.44% with no fee
85% -90% LTV at 6.09% with no fee

“Many homebuyers budget for major costs such as stamp duty and estate agent fees when purchasing a property,” said Stephen Noakes, mortgage director at Halifax.

“However, sometimes the many other costs, such as removal costs can catch buyers out and add further pressure to tight purse strings. With £500 cashback towards the cost of moving home we are helping to alleviate some of this pressure and support homebuyers.”