Halifax is set to reduce mortgage rates for home movers and first-time buyers, effective from tomorrow (Friday 9th August).
Rates on selected products will decrease by up to 0.16%.
Highlights include a 2-year fixed rate at 4.36% with £999 fee up to 60% loan-to-value (LTV) and a 5-year fixed rate at 3.99% with £999 fee up to 60% LTV.
The changes are part of Halifax’s ongoing efforts to provide competitive options for borrowers in the UK property market.
The updated rates will be reflected in the product search tool on the Halifax Intermediaries website, Halifax Intermediaries Online, and other sourcing systems by Friday 9th August.
To take advantage of the current rates, Halifax has urged brokers to submit applications in full by 8pm on today, Thursday 8th August.