Halifax improves mortgage range with cuts to fixed range

Halifax is making further reductions of up to 0.35% across its range of 2, 3 and 4 year fixed rate products.

This is the latest move in a series of rate cuts across the Halifax mortgage range for homebuyers and remortgagers.

Halifax is currently offering a 75% LTV 3 year fixed rate deal at 3.84% for home buyers and remortgagers. The rate has been reduced by 0.35% and is the largest reduction made in today's range refresh.

The reductions for homebuyers include:

2yr fixed rate 0-60% LTV reduced by 0.15% to 2.84%
3yr fixed rate 0-60% LTV reduced by 0.05% to 3.54%
2yr fixed rate 60-75% LTV reduced by 0.20% to 3.19%
3yr fixed rate 60-75% LTV reduced by 0.35% to 3.84%
4yr fixed rate 60-75% LTV reduced by 0.05% to 4.54%

The reductions for remortgages include:

2yr fixed rate 0-60% LTV reduced by 0.15% to 2.84%
2yr fixed rate 60-75% LTV reduced by 0.25% to 3.14%
3yr fixed rate 60-75% LTV reduced by 0.35% to 3.84%
4yr fixed rate 60-75% LTV reduced by 0.05% to 4.54%

All products attract a fee of £995 and are available on loans up to £1million.  Remortgage products include the Halifax remortgage service, which comprises of a free valuation and no legal fees. 

Stephen Noakes, Commercial Director of Mortgages, Halifax, said: "We are continuing to lower rates in order to provide the best possible value to first time buyers, home buyers, and remortgagers. These changes are part of a raft of improvements and reductions already this year, which will provide a much wider choice for those looking for a great deal."