Halifax is set to introduce significant changes to its mortgage product range as of Monday 14th October.
The changes will impact a variety of offerings, including remortgage, homemover, and first-time buyer products, as well as product transfer and further advance products.
As part of the adjustments, Halifax will introduce new Early Repayment Charge (ERC)-free tracker products, providing customers with greater flexibility.
The lender will also withdraw its existing tracker products that include ERCs, phasing them out of its portfolio.
For those looking to transfer products or secure further advance products, Halifax will reduce rates on selected options, making them more attractive for borrowers.
The updates will be reflected in the product search tools available on the Halifax Intermediaries Website, Halifax Intermediaries Online, and sourcing systems, by Monday 14th October.
Customers and brokers who wish to secure existing product codes must submit applications in full before the deadline of 5pm tomorrow, Saturday 12th October.
