Halifax increases residential rates | Mortgage Strategy

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Halifax for intermediaries has upped rates by up to 30 basis points within its residential range, affecting its homebuyer and first-time buyer only products.

Headline changes include the 75% LTV 10-year fix with £999 going up by 30 basis points, to 3.73%, and its zero-fee counterpart rising by the same amount of basis points to 3.90%.

Other noteworthy rate changes taking place are as follows: The homebuyer 60% LTV two-year fix with £999 fee has been increased by 10 basis points, to 3.61%, and the 90% LTV two-year fix with £999 fee has also gone up by 10 basis points, to 3.75%.

In the five-year fix category, the 60% LTV product with £999 fee has been upped by 12 basis points, to 3.45%, and 12 basis points has been added to the 90% LTV product with £999 fee, taking the price to 3.75%.

Prince rises between 4 basis points and 12 basis points also occur within the lender’s large loan, green home, first home, and shared equity ranges.

The changes come into effect on Thursday 25 August, with the ender urging applications for existing product codes to be entered in full by 8pm on Wednesday 24 August.


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