Available to buyers with just a 10% deposit, the two-year fixed rate mortgages offer two options – a rate of 5.79% with a £1,499 fee, or 5.99% with a £999 fee.
The two variations will only be accessible through appointed representatives of Openwork and available to customers on a repayment basis. The purchase versions will have a refunded valuation and the remortgaged versions will have a free valuation.
Commenting on the launch Paul Shearman, mortgage, protection and general insurance proposition director, said: “These products from Halifax offer a competitive rate for borrowers with a small deposit and we are pleased to be able to offer these deals on an exclusive basis, enabling our advisers to help kick start the first and second time buyer markets.”
