Halifax has increased rates of its mortgages for first-time buyers and homemovers, including shared equity, green and First Homes products.
Two-year fixed rates up to 90 per cent loan to value (LTV) has seen the biggest changes with increases of up to 0.28 per cent across select deals.
Rates now vary from 1.88 per cent for a two-year fixed rate at 60 per cent LTV with a £999 fee, up from 1.76 per cent. At 85 to 90 per cent LTV, the rate for a fee-free product fixed for two years is 2.37 per cent.
Five-year fixed rate mortgages for first-time buyers and homemovers have gone up by 0.12 per cent on products up to 85 per cent LTV.
Rates for these products range from 1.95 per cent for a 60 per cent LTV mortgage with a £999 fee to 2.37 per cent for a fee-free option at 80 to 85 per cent LTV.
For 10-year fixed rates up to 75 per cent LTV, mortgage rates have risen by up to 0.04 per cent.
Changes apply from 14 March.
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS