Halifax has today announced the change of fixed rates on selected two-year mortgages for first-time buyers and homemovers.
Highlights of the new offers include:
- Two-year fixed rates from 2.69 per cent at 75-85 per cent loan-to-value (LTV) and a fee of £495 on first time-buyer products
- Two-year fixed rates from 2.74 per cent at 75-85 per cent loan-to-value (LTV) and a fee of £495 on homemover products
All offers include a £500 cashback option. Launched on 9 March, the cashback offer is available to all first-time buyers and homemovers who apply for a qualifying mortgage between 9 March and 3 May 2015. The £500 will be paid as cashback to customers through their conveyancer when the mortgage completes.
Craig McKinlay, Mortgages Director at Halifax, said:
“On top of our current £500 cashback offer, these new rates will further support first-time buyers who are trying to buy their first home and home movers who are looking to move up the housing ladder.”
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