Halifax Intermediaries reduces rates on its mortgage ranges

Halifax Intermediaries has cut rates on its selected 2 year products in the large loan, new build and affordable housing product ranges being offered to first time buyers, homemovers and remortgage customers. 

Selected rates have been reduced by up to 0.50%.

Some of the changes include:

New Build and affordable housing mortgages

90% LTV fixed rate affordable housing mortgage for Homemovers/First Time Buyers is reduced by 0.50% to 5.99% with a £999 fee80% LTV 2 year New Build fixed rate for Homemovers and First Time Buyers reduced by 0.20% to 4.19% with a £999 fee or 4.59% with no fee.

80% Affordable Housing fixed rate for Homemovers/First Time Buyers reduced by 0.20% to 4.49% with a £999 fee85% LTV Affordable Housing rates for remortgage customers reduced by 0.20% to 5.09% with a £999 feeLarge loans mortgages (From £1,000,000)

80% LTV 2 year fixed rate for house purchases has been reduced by 0.20% to 4.49% with a £999 fee

80% LTV 2 year tracker rate for house purchases has been reduced by 0.20% to 4.19% with a £999 fee80% LTV 2 year fixed rate for remortgage customers has been reduced by 0.20% to 4.54% with a £999 feeIan Wilson, head of sales at Halifax Intermediaries, said:

"We announced a succession of rate changes to our core mortgage range last week. We are pleased to be able to continue this. Affordable housing and shared ownerships help thousands of first time buyers and key workers to get on to the property ladder and both lenders and brokers need to work together to help educate clients on the options available to them.

"As one of the leading lenders in the large loans mortgage market, these rate cuts further support our commitment to brokers and their clients and allow them to benefit from the enhanced service provided by our Premier Mortgage Team"