As of tomorrow, Wednesday 17 January, Halifax for Intermediaries is set to make a number changes to its mortgage offering.
A number of the lender’s homebuyer ranges including New Build, Large Loans and Affordable Housing – Shared Equity/Shared Ownership and the equivalent Green Home products, will see reductions of up to 0.15% across both 2- and 5-year products up to 60% loan-to-value (LTV).
In order to secure existing product codes, Halifax has urged brokers to submit applications in full by 8pm tonight, Tuesday 16 January.
Nicholas Mendes, head of marketing at John Charcol, said: “Market competition and confidence continues to play through into lenders repricing, as Halifax introduces further amendments to its purchase proposition.
“It’s almost becoming a regular occurrence each week which is fantastic news for all parties, but more importantly for mortgage holders and prospective buyers.
“Could this be the week when we get the line and shout bingo with a complete flush of high street lenders repricing?”