Halifax Intermediaries reduces mortgage rates by up to 0.92%

Product transfer and further advance products have reduced by up to 0.92%, with remortgage rates also seeing significant cuts.

Related topics:  Mortgages,  Remortgage,  Product transfer
Rozi Jones | Editor, Financial Reporter
2nd January 2024
halifax

Halifax Intermediaries has announced rate cuts of up to 0.92% across its mortgage ranges.

Homebuyer products include first-time buyer, new build, large loans and affordable housing (shared equity and shared ownership) alongside the equivalent green home products.

Remortgage products - including large loans, affordable housing and equivalent green home products - have reduced by up to 0.83% across two, five and 10-year fixed rates.

Remortgage highlights include two-year fixed rates which have reduced by 57bps to 4.68% at 60% LTV, by 83bps to 4.81% at 75% LTV, and by 47bps to 5.41% at 80% LTV.

Five-year fixed rate remortgage reductions include an 85% LTV product down by 40bps to 5.08% and a 90% LTV rate down by 41bps to 5.27%. All products come with a £999 fee.

In addition, product transfer and further advance products have reduced by up to 0.92%. Lloyds Banking Group confirmed that the rates are client specific so not published.

As part of the changes, complete by dates have been extended by one month.

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