With a Halifax remortgage you can track the low base rate.
With a Halifax remortgage product you can benefit from the low Bank of England base rate with one of its tracker mortgage deals.
The lender offers a two year tracker for those looking to remortgage at a rate of 3.44%, which tracks above the base rate by 2.94%. This product is available for loan to value of 60% and comes with a £995 fee.
Many mortgage rates have increased for fixed and tracker products over the last few months and to help with the situation the BoE have been called on to consider reducing the base rate even further.
Recently the International Monetary Fund suggested that a base rate reduction could help to reduce the increased costs some banks are facing by borrowing money within the industry. These additional costs are then passed on to mortgage holders in the form of mortgage rate rises and higher mortgage repayments.
With this in mind it is essential to get some unbiased and professional advice when you are thinking of remortgaging as you don't want to miss out on the best offers.
For the latest up to date information on lenders recently announced mortgage products, contact us at Deal Direct. Our experts search the whole of the mortgage market for the best mortgage deals that are currently available.
So whether you are looking for a Halifax remortgage or for impartial advice on the choices available to you we can help.