Halifax Intermediaries is set to introduce changes to its mortgage product range, which will take effect from tomorrow (5th February).
The adjustments include both rate increases and reductions across various product categories, aimed at providing competitive offerings for customers looking to remortgage, purchase a new home, or transfer their existing mortgage.
For remortgage products, Halifax will be implementing rate increases of up to 0.07% on its 1.5-year fixed-rate options.
However, other selected remortgage fixed rate products will also see rate reductions of up to 0.30%.
Home movers and first-time buyers will also benefit from the adjustments, with rate reductions of up to 0.11% on selected products.
Additionally, Halifax has introduced rate reductions of up to 0.30% across its product transfer and further advance products.
To facilitate a smooth transition, Halifax Intermediaries has confirmed that its product search tool, online platform, and sourcing systems will be updated by Wednesday 5th February, to reflect the new rates.
Brokers and customers who wish to secure existing product codes have been urged to submit their applications in full by 8pm today, Tuesday 4th February.
