Halifax mortgage launched for NewBuy scheme.
You can now get a Halifax mortgage in conjunction with the Government's NewBuy MIG scheme.
The NewBuy initiative was launched by the Government in March this year and various lenders released a range of 95% loan to value mortgage products at the time the scheme was announced. Now the Halifax has decided to follow suit and has signed up to the scheme with a new 95% LTV deal.
A 2 year fixed rate Halifax mortgage is now available under the scheme at a rate of 5.99% which comes with a fee of £999. A fee free version is also available at a rate of 6.39%.
The Halifax has confirmed it will be supporting the NewBuy scheme and is proud to do so.
The Halifax considers itself to be one of the leading lenders in the new-build property market. It advises that with its NewBuy 95% LTV mortgages it hopes to enable first time buyers to get onto the property ladder and help boost housing supply.
If you are an inexperienced first time buyer and would like more information on a NewBuy Halifax mortgage then call us at Deal Direct. Our experienced mortgage advisers can search the whole of the UK market on your behalf to find the most competitive deal on offer.
