(PRWEB) July 26, 2011
Halifax is today making reductions of up to 0.35% across its range of 2, 3 and 4 year fixed rate mortgage products. 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)
All products are available for both Homemover and Remortgage customers unless otherwise stated.
All products are available on loans up to £1million. 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 yr 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. "
Notes to editors:
- Applications are required for all mortgage products
- Terms and conditions for all products are available on request
- Actual rates are dependent upon individual borrower’s circumstances
- All mortgages are subject to underwriting criteria