Halifax knocks half a percent off high LTV fixes

Halifax has announced that it will reduce rates across its 0-95% loan to value two-year fixed first-time buyer and home mover products by 0.50% as of today.

Related topics:  Finance
Warren Lewis
30th June 2015
Mortgage Rates

In addition, Halifax has also cut the rates on its 0-90% LTV five-year fixed first-time buyer and home mover products, and 0-85% LTV five-year remortgage products by up to 0.45%.

85-90% LTV two year fixed rates are now 3.19% (£495 fee), and 3.39% (no fee) for first-time buyers and home movers.

75-85% LTV two year fixed rates start from 2.14% (£495 fee), and 2.34% (no fee) for remortgage customers.

Five-year fixes include a 85-90% LTV at 4.24% (£495 fee), and 4.44% (no fee) for first-time buyers and home movers.

80-85% LTV five year fixed rates are now 3.84% (£495 fee), and 4.04% (no fee) for remortgage customers.

Craig McKinlay, Mortgages Director at Halifax, said: “Halifax is committed to providing competitive mortgages and great service to our customers. The reduction in rates across our two and five-year product range for first-time buyers, home movers and remortgage customers will enable us to continue to support first-time buyers and those moving up the housing ladder.”

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