New 1.09% tracker from Halifax Intermediaries

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Halifax Intermediaries has launched a new range of two and five-year products and has cut rates across the two-year tracker range for first-time buyers, home movers and remortgage customers by up to 0.3 percentage points.

Deals now include:

New two-year tracker product for first-time buyers, home movers and remortgage customers

  • 0-60% LTV 2 year tracker rate at 1.09% (£1,499 fee)

New five-year fixed affordable housing products for first-time buyers and home movers

  • 0-75% LTV 5 year fixed rate at 3.44% (£999 fee)
  • 0-75% LTV 5 year fixed rate at 3.64% (No fee)

Changes include:

Two-year tracker products for first-time buyers, home movers and remortgage customers

  • 0-75% LTV 2 year tracker products have been reduced by 3bps with rates from 1.54% (£999 fee)
  • 75-80% LTV 2 year tracker products have been reduced by 3bps with rates from 1.84% (£999 fee)
  • 80-85% LTV 2 year tracker products have been reduced by 2bps with rates from 2.09% (£999 fee)

Mike Jones, director of intermediaries, Halifax, said: “Halifax is committed to providing competitive products and great service to the intermediary market. Alongside the national rollout of our Service Excellence programme, the launch of these new two-year tracker and five-year fixed rates, and the reduction of rates within our two-year range, demonstrates our ongoing dedication to helping customers save money by taking out a mortgage with Halifax.

“It will also enable us to continue to support our first-time buyer commitments and support intermediaries across the entire mainstream market.”

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