Halifax Intermediaries cuts remortgage rates by up to 0.39%

By: ameer@trustedteam.com

Halifax Intermediaries has lowered its remortgage rates across two-, three-, and five-year fixes of up to 0.39%.

From 20 March, the two-year fixed 60% loan-to-value (LTV) repayment and interest only will be reduced by 0.39% from 4.97% to 4.58%.

The two-year fixed 90% LTV repayment-only product will be lowered from 5.52% to 5.18%.

Meanwhile, the three-year fixed 60% LTV repayment and interest-only product has been reduced by 0.19% to 4.49% while the three-year 90% LTV repayment-only will have a new rate of 5.09% after being cut by 0.14%.

Five-year fixed rates have also been reduced. The 80% and 85% LTV repayment-only products have been lowered by 0.25% and 0.23% respectively to have new rates of 4.46% and 4.48%.

All products come with no product fee.

The lender’s 10-year fixed and tracker products are excluded from the cuts.

Halifax says to secure existing product codes, applications must be submitted in full by 5pm on 18 March.

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