Halifax reduces mortgage rates for home movers

Halifax has announced a number of rate reductions across its home mover range in a move to further support the UK’s mortgage market.

Available from today (15th February), selected rates have been reduced by up to 25bps on a number of fixed rate and tracker mortgages.
 
Rate Reductions

5yr 60% LTV fixed home mover product reduced by 0.25% to 2.99%

5yr 60-75% LTV fixed home mover product reduced by 0.10% to 3.59%

5yr 75-85% LTV fixed home mover product reduced by 0.20% to 4.39%

2yr 60-75% home mover and first time buyer fixed and tracker reduced by 0.20% to 3.09% and 2.99% respectively.
 
Stephen Noakes, mortgages director at Halifax, said: "These rate changes are the latest in a long line of reductions across our product range. The market is improving for those looking to remortgage or move home, and our new lower rates will make the market even more competitive.”
 
Customers who pay £1,000 or more into their Halifax current account each calendar month, or hold a Halifax Ultimate Reward Current Account, will receive £150 cash back when they take out a new Halifax home mover mortgage, paid through their conveyancer at completion.