Product details:
-2.44% fixed for 2 years
-Available up to 60% LTV
-£1995 product fee
Stephen Noakes, Mortgage Director, Halifax, comments:
"This rate should prove very tempting to those customers looking to remortgage. Lower fixed rates really help to minimise customers' monthly payments, and this is currently the lowest in the market."
"Halifax is working hard to challenge and to kick-start the remortgage market, and this product should really help those who wish to bring down their monthly payments."
Halifax is also reducing rates across a number of its other products:
-2 year fixed remortgage rates reduced by 0.10% for 0-60% and 75-80% LTV
-2 year fixed remortgage rates reduced by 0.05% for 60-75% LTV
-2 year tracker remortgage rates reduced by 0.05% up to 80% LTV
-2 year fixed Homemover (HMV) and First Time Buyer (FTB) 60-75% LTV rate reduced by 0.15%.
