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Halifax shakes up five-year fixed range

by: Samantha Partington
  • 06/03/2015
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Halifax shakes up five-year fixed range
Halifax has launched a 2.39% five-year fixed rate mortgage at 60% loan-to-value (LTV) for first-time buyers and homemovers for a fee of £1,499.

For remortgage borrowers a rate of 2.54% is available in the same LTV range with a £1,499 fee.

Reductions of up to 0.4% have been applied across the five-year fixed first-time buyer and homemover range.

Highlights from the rate cuts include a 3.24% remortgage product available from 60 to 75% LTV with a fee of £999 and for first-time buyer and homemover applications between 75% and 80% LTV, borrowers can access a rate of 3.59%.

Ian Wilson, head of intermediaries, Halifax, said: “Halifax is committed to providing competitive products and great service to the intermediary market. The launch of these new five-year fixed rates and the reduction of rates within our five-year range demonstrates our ongoing dedication to helping Britain prosper and saving our customers money when they take out a mortgage with Halifax.”

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