Halifax Intermediaries cuts rates

Halifax now offers a 60% loan to value 2-year fixed rate mortgage for first-time buyers and homemovers reduced by 0.30% to 2.34%.

It also offers a 60% LTV 2-year fixed rate mortgage for remortgaging customers reduced by 0.15% to 2.49% and a 60% LTV 2-year tracker reduced by 0.30% to 2.24%.

Other highlights include a 75% LTV 2-year fixed rate at 3.24%, a 60% LTV 5-year fixed rate at 3.39% and an 85% LTV 5-year fixed rate at 4.69%.

Ian Wilson, head of sales at Halifax Intermediaries, said: “Our products are continuing to make home ownership a reality for many first-time buyers and assisting homemovers take the next step up the ladder.

“These are the fourth successive rate reductions we have announced since the start of the year.

“This highlights our lending appetite, further highlighting our commitment to the intermediary sector.”