Wide-ranging rate reductions at Halifax

Posted on Tuesday, June 16 by Joy Tibbs

Halifax has reduced rates across its first-time buyer, home mover and remortgage portfolio by up to 0.3%.

The new rates include a two-year fixed-rate remortgage deal at 75-85% loan-to-value, which has been cut by 0.2%, with rates starting from 2.49%. A five-year fixed-rate remortgage deal is also on offer at 80-85% LTV, with rates starting from 4.09%, down 0.1%. A £495 fee applies to both deals.

Craig McKinlay, mortgages director at Halifax, said: “The reduction of rates within our two- and five-year range demonstrates our ongoing dedication to helping home movers and customers planning to remortgage save money by taking out a mortgage with Halifax.

“In addition to our current 1% cashback offer, these reductions further support our commitment to helping one in four first-time buyers in 2015.”

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