Halifax reduces rates across selected residential mortgage products

Halifax Intermediaries has made a range of changes to its mortgage product offering, introducing notable cuts across its remortgage range.

Among the standout changes is a 2-year fixed remortgage product with no fee, which has been reduced from 4.85% to 4.51%, representing a cut of 0.34%.

Similarly, a 5-year fixed option with a £1,999 fee for loans above £250,000 has dropped from 4.18% to 3.88%, while a 2-year fixed product with a £999 fee and a minimum loan of £100,000 has seen its rate reduced from 4.36% to 4.05%.

In addition, a 3-year fixed remortgage deal with the same £999 fee has gone from 4.28% to 4.05%, while the no-fee 5-year alternative has decreased from 4.51% to 4.19%.

Longer-term deals have also benefited from the changes.

Halifax has trimmed 0.24% from its 10-year fixed products, with the £999 fee version falling from 4.83% to 4.59%, and the no-fee option being reduced from 5.00% to 4.76%.

Halifax has informed brokers that these changes are now live and available through it’s intermediary channel.

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