Halifax Intermediaries has announced a series of rate reductions across its remortgage, product transfer and further advance products.
In its product transfer range, two and five-year fixed rates have reduced by up to 0.46%.
For remortgage products, including large loans, shared equity/shared ownership and green products, rates are reducing by up to 0.53%.
The largest rate cut is to a two-year fixed rate at 60% LTV, down to 4.15% with a £999 fee. Two-year fixes have also reduced by 45bps to 4.36% at 75% LTV, by 46bps to 4.95% at 80% LTV, and by 23bps to 5.23% at 85% LTV, all with a £999 fee.
Three-year fixed rates have reduced by 0.27% and are now available from 4.39% at 60% LTV and 4.45% at 75% LTV with a £999 fee.
Five-year fixed rates are down by 46bps to 4.19% at 60% LTV and by 37bps to 4.34% at 75% LTV, both with a £999 fee.
In addition, the maximum remortgage loan has increased from £1,000,000 to £2,000,000 on selected fixed and tracker remortgage products.
As part of the changes, homebuyer, remortgage, product transfer and further advance products will all see end dates extended by three months and complete dates extended by one month.
