Halifax makes further cuts to fixed rates

This is the latest move in a series of rate cuts across the Halifax mortgage range for homebuyers and remortgagers.

Halifax is currently offering its lowest 2 year fixed rate deal so far this year at 2.79% for homemovers and remortgagers, available at 0-60% LTV with a £1395 fee.

The reductions include:

  • 3 year fixed rate, 0 - 60% LTV reduced by 0.10% to 3.64% (remortgage only)
  • 4 year fixed rate, 0 - 60% LTV reduced by 0.15% to 4.24%
  • 4 year fixed rate, 60 - 75% LTV reduced by 0.35% to 4.59%
  • 3 year fixed rate, 75 - 85% LTV reduced by 0.25% & 0.10% to 4.99% & 5.14%
  • 4 year fixed rate, 75 - 85% LTV reduced by 0.10% to 5.74% (remortgage only)
Remortgage products include the Halifax remortgage service, which comprises of a free valuation and no legal fees.

In addition to these changes, Halifax will also be reducing its 0 - 60% LTV 2 year Tracker Homemover & Remortgage by 0.10%, down to 2.34%.

Stephen Noakes, commercial director of mortgages, Halifax, said: "We are continuing to lower rates in order to provide the best possible value to first-time buyers, home buyers, and remortgagers. These changes are part of a raft of improvements and reductions already this year, which will provide a much wider choice for those looking for a great deal."