Halifax Intermediaries has cut rates by 0.3 per cent across its two-year mortgage product range available to first-time buyers and homemovers, and has announced it will provide first-time buyers with £500 cashback.
Mortgages at 90 per cent loan to value have been reduced by 0.30 per cent, with rates now starting at 4.39 per cent with a £1,499 fee and 4.94 per cent with no fee. In addition, first time buyers purchasing above 80 per cent LTV mortgages will also receive £500 cashback.
Ian Wilson, head of Halifax Intermediaries, said: “We are pleased to be able to announce a succession of rate reductions across this product range.
“With these reductions we are providing brokers with an even more competitive suite of products to offer their clients.”
