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Halifax reintroduces two-year remortgage deals and overhauls rates

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  • 03/11/2020
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Halifax reintroduces two-year remortgage deals and overhauls rates
Halifax and BM Solutions have made a host of interest rate changes to their product offerings, with the former also reintroducing a set of remortgage deals.

 

The relaunched two-year fixes for remortgage applications gives Halifax three fee options at four different loan to value (LTV) levels up to 85 per cent.

Deal are available with, zero, £999 and £1,499 fee options, with the highest fee version available only for loans of at least £250,000.

Rates range from 1.2 per cent at up to 60 per cent LTV with the £1,499 fee to 2.88 per cent at 85 per cent LTV with no fee.

Halifax has also increased rates elsewhere on its three and five-year remortgage products by up to 0.28 per cent, while also making cuts of up to 0.14 per cent.

Product transfer and further advance rates have been cut by up to 0.52 per cent with others increased by up to 0.22 per cent.

 

BM Solutions

Meanwhile BM Solutions, the buy-to-let arm of Lloyds Banking Group, has also increased rates across its two-year and five-year product transfer and further advance range.

The lender did not give details of the level of increases made.

 

 

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