Halifax announces new fixed-rate products
www.moneynews.co.uk > Mortgages > Halifax announces new fixed-rate products
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Money News |
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Halifax announces new fixed-rate products
Tue 19th Dec 2006
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With experts predicting that the Bank of England may raise interest rates again in the new year increasing numbers of homebuyers are choosing fixed rate mortgages to provide peace of mind over repayments.
Halifax has responded to this trend by reviewing its mortgage offerings and announcing new fixed-rate products to ensure that customers get a good deal.
The mortgage lender's first time buyer product enables customers to borrow up to 97 per cent of the value of their property and offers competitive rates and £1,000 cash back.
The ten-year fixed homemover product meanwhile has had its rate slashed from 5.85 per cent to 5.49 per cent. It is available for both new and existing customers moving house.
Mark Heaton, head of mortgages at Halifax, said: "We continually review our products to ensure we are offering the best possible rates to our customers.
"The first time buyer product provides a good value option for people looking to get on the property ladder whilst our ten year fixed homemover product offers borrowers long-term security by assisting with their financial planning, now with an even better rate."
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Related News : Halifax |
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