Halifax Intermediaries to reprice product transfers - Mortgage Strategy

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Halifax Intermediaries is trimming rates on a wide range of product transfer and further advance deals on Monday, while increasing others.

In an email to brokers, the lender says applications for its current products must be submitted by 5pm on Saturday.

Halifax is cutting rates on a range of deals for loans between £250,000 and £7.5m.

These include an 11 basis point reduction on its fee-free three-year fixed rate in both the 60 and 95 per cent loan-to-value tiers and 12 basis point cut to the same deal at 85 per cent LTV.

The lender is increasing other deals by up to 10 basis points.

Halifax says it is also bringing back its self-build first-time buyer and home mover product at up to 75 per cent LTV with a £1,499 fee.

Meanwhile Kensington has emailed advisers to say it is bringing back 80 per cent LTV deals within its select, core hero and young professional ranges from June 3.

The lender will also be relaunching its Help to Buy range, resuming new build lending and buy-to-let purchase deals.


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