Halifax Intermediaries reduces rates

Halifax Intermediaries has announced a succession of rate reductions across its product range in further support for homemovers and first time buyers.

A 90% LTV 2 year fixed rate product for Homemovers and First Time Buyers is also being reintroduced at a rate of 6.29%

2 year fixed rates for Homemovers and First Time Buyers are being reduced by 0.20% at 80% and 85% LTV to 4.59% and 4.99% respectively. Further products in this range are being offered with no fees.

Halifax is also expanding its product range to include higher LTV trackers at 80% LTV at 4.49% and 85% LTV at 4.89%.

Halifax has also announced its further support to the New Build sector by reducing rates on New Buy 95% LTV for Homemovers and First Time Buyers by 0.10% to 5.89%.

Ian Wilson, Head of Sales at Halifax Intermediaries, said "We are making a number of changes to our product range and are pleased to be able to continue to support not only first time buyers, but the wider market. We're offering competitive rates and have a good range of products for homebuyers and remortgage customers to choose from supported by our strong service proposition."

The changes will come into effect from the 25th July.