Ian Wilson, head of Halifax Intermediaries, said: "Two year mortgage terms remain the most popular and we are pleased to be able to announce a succession of rate reductions across this area of the product range. With these reductions across all LTV ranges, we are providing brokers with an even more competitive suite of products to offer their clients.”
Changes include:
• 75% LTV 2-year mortgages for first time buyers and homemovers are being reduced by 0.10% with fixed and tracker rates starting at 2.39% with a £999 fee and 2.79% with no fee.
• 80% LTV 2-year mortgages for first time buyers and homemovers are being reduced by 0.20% with fixed and tracker rates starting at 2.99% with a £999 fee and 3.39% with no fee.
• 85% LTV 2-year mortgages for first time buyers and homemovers are being reduced by up to 0.20% with fixed rates starting at 3.04% with a £1,499 fee. Tracker rates start at 3.44% with a £999 fee and 3.84% with no fee.
