Halifax launches new mortgage products

Friday, 11 February 2011 09:53

Halifax has announced the launch of two new mortgage deals as well as a reduction of rates across its existing mortgage range.

The newly launched products will consist of a two year fixed rate at 3.14 per cent with a £995 product fee and a two year tracker at 2.49 per cent with a £995 product fee. Both of these deals will include options of up to 60 per cent of LTV.

On top of this, Halifax will also be making reductions of up to 0.45 per cent to deals at 75 per cent LTV and above.

Stephen Noakes, commercial director for mortgages said: "We know that homeowners are weighing up their options - considering whether now is the right time to remortgage, or which type of product to opt for.”

“Whether borrowers are remortgaging or buying a new home, these changes have really updated our offering, launching new deals to bring us in line with the market and offering competitive options for a range of situations."
 

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