Halifax raises resi products by up to 29bps Mortgage Strategy

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Halifax for intermediaries will raise rates across a range of homebuyer, remortgage and product transfer offers by up to 29 basis points on Friday (1 March).  

The lender’s broker-only unit says its changes, which includes some large loan remortgage cuts, covers:  

Homebuyer products including first-time buyer, large loans, new build and affordable housing – shared equity/shared ownership and equivalent green home products  

  • Rate increases on two- and five-year fixes of up to 18bps  
  • Complete by dates extended by one month   

Remortgage products including large loans, affordable housing – shared equity/shared ownership and equivalent green home products  

  • Rate increases on selected two-year fixes of up to 29bps  
  • Rate cuts 20bps on two- and five-year fixes at 90% loan to value  
  • Complete by dates extended by one month  

Product transfer and further advance products  

  • Rate increases on fixes of up to 29%bps  
  • Complete by dates extended by one month  

The lender tells brokers to submit applications in full by 8pm on 29 February to secure existing product codes.  


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