Halifax slashes 0-60% LTV mortgage rates

Published on

Halifax has cut rates across its 0-60% LTV two year fixed rate products for first-time buyers, homemovers and remortgage customers.

New deals include the following:

Two-year fixed rate products for first-time buyer and homemovers:

  • 0-60% LTV 2 year fixed rate products have been reduced by 0.25 percentage points with rates from 1.59% (£1,995 fee)

Two-year fixed rate products for Shared Equity / Shared Ownership first-time buyer, homemover and remortgage customers:

  • 2 year fixed rate products for Shared Equity / Shared Ownership for homemovers and first-time buyers reduced by up to 0.6 percentage points, with rates from 2.94% (£495 fee)
  • 2 year fixed rate products for remortgage customers (own conveyancer) reduced by up to 0.6 percentage points, with rates from 3.04% (£495 fee)

Craig McKinlay, mortgage director at Halifax, said: “We’ve seen a strong start to the year in terms of activity in the market; affordability remains high and competition in the market is great for borrowers.

“These latest products are some of the most competitive Halifax has had in the last ten years and carry some of the lowest rates too.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Vernon hires internal BDM to expand intermediary reach

Vernon Building Society has appointed Damien Sabbaghe as intermediary business development manager as it...

Coventry trims first-time buyer and limited company buy-to-let rates

Coventry for intermediaries has cut selected mortgage rates for first-time buyers and limited company...

TRM adds to PMI team with supervision & development manager hire

The Right Mortgage & Protection Network has appointed Gemma Penkethman as PMI supervision &...

Rental yields rise across England and Wales as buy-to-let market enters more volatile period

Rental yields increased annually in every region of England and Wales in the first...

Pure Retirement targets introducer growth with new adviser marketing tools

Pure Retirement has launched a suite of introducer-focused resources aimed at helping advisers expand...

Latest publication

Other news

The Vernon hires internal BDM to expand intermediary reach

Vernon Building Society has appointed Damien Sabbaghe as intermediary business development manager as it...

Coventry trims first-time buyer and limited company buy-to-let rates

Coventry for intermediaries has cut selected mortgage rates for first-time buyers and limited company...

TRM adds to PMI team with supervision & development manager hire

The Right Mortgage & Protection Network has appointed Gemma Penkethman as PMI supervision &...