Halifax refreshes 5-year fixed range

The bank is also offering an equivalent 60% LTV 5-year fix for remortgagers, which stands at 2.54% with a £1499 fee.

Ian Wilson, head of intermediaries, Halifax, said: “Halifax is committed to providing competitive products and great service to the intermediary market.

“The launch of these new 5-year fixed rates and the reduction of rates within our 5-year range, demonstrates our ongoing dedication to helping customers save money by taking out a mortgage with Halifax.

“It will also enable us to continue to support our first-time buyer commitments and support intermediaries across the entire mainstream market.”

After Halifax reduced its rates homemovers and first-time buyers can take out 5-year fixes at 3.59% to 80% LTV, 3.19% to 75% LTV and 2.54% to 60% LTV, all with a £999 fee.

For remortgage products rates stand at 3.24% to 75% LTV and 2.69% to 60% LTV, both with a £999 fee.