Mortgage

Halifax intermediaries can reduce certain rates by up to 0.20% – Mortgage Strategy

Halifax intermediaries are lowering interest rates on certain products within their mortgage scope, cutting as much as 0.20%.

From February 21, fixed volumes have been reduced by 0.20% in the past two years, up to 95% of LTV, with a new tax rate of 5.55% and no fees.

Further highlights include a five-year LTV repair, down 0.19% to 4.82% with no fees and up to £750,000, and the second five-year repair also dropped 0.19% to 4.71% at a cost of £999. .

In the notes to the broker, the lender requests that all submissions of existing product code be completed by 8 p.m. on February 20.

The product search tool online and procurement system on the Halifax Intermediaries website will be updated by tomorrow.

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