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HBoS lowers mortgage rates again

Halifax Bank of Scotland (HBoS) is to reduce its mortgage rates for the second time in seven days.

By Catherine Couch | Published Jul 18, 2008 | comments

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The new rates will be effective from tomorrow (19 July) and affect 48 mortgage products across the group.

Twenty of the existing 45 Halifax fixed rate products will reduce by up to 0.15 per cent, while four out of the six Bank of Scotland buy-to-let (BTL) rates will drop by up to 0.25 per cent.

Rates will also be reduced within the BM Solutions and Intelligent Finance brands.

The new rates include a five-year fixed rate mortgage from Halifax at 6.34 per cent with a maximum loan-to-value (LTV) of 75 per cent.

They also include a three-year buy-to-let mortgage from Bank of Scotland at 6.59 per cent with a maximum LTV of 85 per cent.

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