Mortgage

Halifax Intermediaries and Bucks BS Adjustment Scope – Mortgage Strategies

Halifax Intermediaries has made changes to its mortgage range, effective October 29.

For first home buyer fixed rate products, lenders will reduce interest rates by up to 0.13%, with loan-to-value (LTV) ratios of up to 85%.

It will also increase rates on Homemover FTB fixed rate products at 90% LTV by up to 0.10%.

Meanwhile, Buckinghamshire Building Society has reduced interest rates by 0.20% on its three credit revival and credit recovery products.

The LTV of credit revival products of up to 85% will be reduced from 5.89% to 6.09%.

Credit recovery products up to 60% LTV have been reduced from 6.19% to 5.99%, and credit recovery products up to 75% LTV have been reduced from 6.69% to 6.49%.

Each product is a two-year fixed rate with a product fee of £999 and is available to buy or remortgage, with a maximum loan amount of £750,000.

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