Halifax introduces new high LTV fixed rate mortgage deals.
The Halifax has announced the launched of new fixed rate mortgage deals aimed at lower deposit borrowers.
For those with a 15% deposit the lender has reduced its mortgage rates on both fixed and tracker deals, 2 year fixed rate mortgages are now 0.2% cheaper and tracker rates have fallen by 0.05%. Lower deposit 2 year rates now start at 3.44%.
In addition the Halifax has also released a new first time buyer product. A 7 year fixed rate mortgage for up to 90% LTV is on offer from the lender at 5.89%. This deal is fee free and comes with the added bonus of £500 cashback.
As the Funding for Lending scheme enters it second year the Halifax advises it has been able to pass on the benefits of cheap funding to more of its customers.
If you would like to review the Halifax range in more detail call a Deal Direct adviser on 0800 048 8828.
For impartial advice and a low rate quote,
call 0800 048 8828.
