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First time buyers and homemovers get interest paid back from Halifax

19th August 2014 Print

Halifax is offering to refund 2 months’ interest on mortgages for homemovers and first time buyers, as part of its latest offer for mortgage customers.

From today (Tuesday 19th August) homebuyers can receive this offer up to a maximum payment of £1,000. The offer is available to both homemovers and first time buyers who take out a mortgage between 19th August and 6th October inclusive, and will be paid directly into their account within 60 days of the mortgage start date.
 
Craig McKinlay, Mortgages Director at Halifax, said: “Many people are worried not only about the upfront cost of buying a home, but also additional costs which may come up in the first few months such as decorating and buying new furniture. With the average mortgage interest for two months being approximately £655*, we hope to make things easier for both first time buyers and homemovers by easing their financial strain at what can be a very stressful time.”