Halifax rejigs residential rates | Mortgage Strategy

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Halifax Intermediaries has made a series of rate changes to its remortgage, homemover and first-time buyer products, including both cuts and increases.

Within its remortgage range, its 0 per cent LTV to 60 per cent LTV with zero fee, 75 per cent LTV to 80 per cent LTV with zero fee and 0 per cent LTV to 60 per cent LTV with £999 fee five-year fixes have seen rates cut by 0.35 per cent.

Meanwhile, its 60 per cent LTV to 75 per cent LTV five-year fix with £999 fee has had 0.32 per cent cut.

Rate increases here include the 80 per cent LTV to 85 per cent LTV five-year fix with £999 fee going up by 0.25 per cent and the £1,499 fee version increasing by 0.33 per cent.

For homemovers and first-time buyers, the lender’s 80 per cent LTV two-year fixes with £999 fee and £1,499 fee had seen rates go up by 0.57 per cent while some products over 60 per cent LTV have seen 0.35 per cent added.

Halifax has also withdrawn its 75 per cent LTV to 80 per cent LTV purchase products and expanded its 80 per cent LTV to 85 per cent LTV offerings to 75 per cent LTV to 85 per cent LTV.

Finally, the lender has replaced all of its two-year remortgage fixes with three-year versions. These include 0 per cent LTV to 60 per cent LTV fixes with a £1,499 fee starting at 1.17 per cent and Affordable Housing products with a £999 fee starting at 1.45 per cent.


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