The Halifax mortgage range is re-priced.
Halifax mortgage rates have been cut.
The lender has reduced its mortgage rates so that they are more competitive and better priced to compete with those lenders such as Santander, NatWest and HSBC who have all released exceptionally low 5 year fixed rates.
This is the second Halifax mortgage rate cut to be announced in the last few weeks, and as well as cutting rates the lender has advised that it is also removing fees on some of its mortgages.
Halifax mortgage rates have been reduced by to 0.50% for certain 3 and 5 year fixes. As well as reducing mortgage rates the Halifax has also announced that it is removing fees from two first time buyer products. Fees have been removed for 2 year fixed rates for 80% and 85% loan to value.
The lender has also reduced its 2 and 3 year fixed rates by 0.10% for 60% and 75% LTV. Tracker rate cuts have also been announced, 2 year tracker rates for 60% and 75% LTV have been reduced by 0.15%.
The Halifax are also offering a 0.50% reduction on its 5 year fix for 60% LTV which is now available at 3.69% and for 75% LTV a rate of 4.19% is now available.
A Halifax mortgage intermediaries spokesperson commented advising that its rate changes are strengthening it's market position.
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