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Halifax makes cuts to mortgage rates by up to 0.45%

21st August 2013 Print

Halifax has reduced rates on selected 2 year products across its mortgage and remortgage range by up to 0.45%. These reductions also include products in the Affordable Housing (including Help to Buy), New Build, and NewBuy/MI New Home ranges.
The new rates include a 90% LTV 2 year fixed rate for first time buyers that is now available at 4.59% with no fee and £500 cashback. An 85% LTV 2 year fixed rate remortgage product is reduced by 0.45% and is now available at 3.59% with a £995 fee.
Other changes include:

75-80% LTV 2 year fixed rates reduced by between 0.15% and 0.20% with rates now starting at 3.19%

80-85% LTV 2 year fixed rate mortgages for homemovers and first time buyers are reduced by 0.20% with rates now starting at 3.59%

Craig McKinlay Mortgages Director at Halifax, said: "We are making a number of pricing reductions across our product range and are pleased to be able to continue to support not only first time buyers, but the wider market. Homemovers play a key role in ensuring the strength of the property market and we are committed to helping these buyers take the next step on the ladder as well as helping customers save money by remortgaging with Halifax."

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