Its 60% LTV 5-year fixes have been reduced by 0.25%, with rates starting from 2.59%, while its 75% LTV 5-year fixes have been slashed by 0.15% to start from 3.34%, both with a £495 fee.
Craig McKinlay, mortgage director at Halifax, said: “Halifax is committed to helping Britain prosper and ensuring we provide competitive products and great service to our customers.”
“The extra costs included in buying a home or moving house can mount up. That is why we’re helping first-time buyers and homemovers with £500 cashback when they complete their mortgage with us and also reducing the rates across our 5-year product range.”
The cashback, which applies to first-time buyers and homemovers who apply before 3 May, will be paid through the conveyancer when the mortgage completes.
Halifax’s 4-year product transfer rates have also been reduced by 0.25% to 2.84% to 60% LTV and by 0.15% to 3.29% to 75% LTV, both with no fee.
