New remortgage products launched by Halifax

Halifax Intermediaries has announced it has made several changes across it’s product range for first-time buyers, those who are moving house and remortgagors.

Related topics:  Finance
Warren Lewis
30th March 2015
Detached House

Changes include:

- Initial rate of 2.19% on 5 year 0-60% LTV fixed rate with £1,499 fee for first-time buyers, homemovers and remortgagors
- Initial rate of 2.24% on 2 year 60%-75% LTV completely fee free fixed rate for remortgage customers, and the Mortgage Account Fee has been removed in addition to the standard fee free remortgage package
- Initial rate of 4.79% on 2 year 90%-95% LTV fixed rate for Help to Buy Mortgage Guarantee scheme – available for first-time buyers and homemovers

2 year and 5 year fee free fixed rate remortgage products now also benefit from the removal of the Mortgage Account Fee in addition to the standard fee free remortgage package.

Ian Wilson, head of intermediaries, Halifax, said: “We’ve seen a significant pick up in activity recently, particularly among five-year fixed rates where volumes trebled in March.

Halifax is committed to providing competitive products and great service to the intermediary market. These latest rate reductions and product enhancements, coupled with our excellent service, will enable us to continue to support first-time buyers, remortgagors and homemovers alike.”

More like this
Latest from Financial Reporter
Latest from Protection Reporter
CLOSE
Subscribe
to our newsletter

Join a community of over 20,000 landlords and property specialists and keep up-to-date with industry news and upcoming events via our newsletter.