Halifax reduces 80% LTV mortgage rates.

Halifax Intermediaries has announced its 80% LTV mortgage rates have been cut in an effort to encourage first time buyers to climb on the property ladder.

Various fixed and tracker rates are now cheaper making purchasing a first home or moving home much more affordable.

If you would like a full review of the new reduced Halifax mortgage rates you are advised to call Deal Direct on 0800 048 8828. We are an independent 'whole of market' broker who will search the entire market on your behalf for the best deal for your circumstances.

If the Halifax offer the best mortgage tailored to your needs we will tell you so, if there is a better deal to be had we will find it by searching all lenders offers market-wide.

Halifax mortgage rate reduction highlights:

A 2 year fixed rate mortgage for 85% LTV is now 0.2% cheaper and a 2 year fixed tracker 0.05% cheaper, rates now start from 3.44%.

At 90% LTV first time buyers are being offered a 2 year fixed rate mortgage 0.2% cheaper, with rates starting from 4.99%. Home-movers will also be offered this product with rates starting from 4.99%.

In addition NewBuy rates have also been reduced by 0.4% and are available from 4.49%.

For those with a slightly larger 25% deposit, 75% LTV 2 year fixed rate mortgages have been reduced by 0.2% and rates start from 2.19%.

Halifax are offering a mortgage incentive to home-buyers in the form of £500 towards a media package such as digital TV or broadband.

If you are looking to purchase a home Deal Direct can help you find the right mortgage at the right rate.

For the best mortgages on offer market-wide,

call an adviser today on 0800 048 8828.