The new deals will be available from today with reductions of up to 0.70%.Examples include the following products for homebuyers, all with £999 product fees:
- 2 year fixed rate, available to 60% LTV, reduced by 0.70% to 3.19%
- 2 year fixed rate, available to 75% LTV, reduced by 0.50% to 3.59%
- 2 year fixed rate, available to 60% LTV, reduced by 0.70% to 3.39%
- 2 year fixed rate, available to 75% LTV, reduced by 0.50% to 3.69%
Changes have also been made to the existing 2 year 75% tracker products with fees cut from £1499 to £999.
Commenting, Ian Wilson, head of sales for Halifax Intermediaries said, "We know that brokers are talking to clients that are starting to think about moving from their SVR to a fixed deal. Together with the launch of the new deals, the reductions ensure that Halifax has competitive options at all LTV levels for these customers."