Halifax has rolled out a new mortgage deal that it hopes will strengthen its support for people trying to enter the UK housing market.
The latest offer from the financial institution, which was launched on Friday (April 5th), is a five-year 60 per cent loan-to-value (LTV) fixed rate mortgage at 2.69 per cent and will be available to homeowners for a fee of £1,995.
According to Craig McKinlay, new mortgages director at Halifax, the company is continuing to enhance its mortgage range and deliver competitive products across all LTV ranges so all homebuyers are able to receive support.
He said homemovers play a crucial role in keeping the property market strong and Halifax is committed to helping these people take the next step on the ladder.
“We are increasing choice and, by listening to customers, providing products that offer added value through initiatives such as our current offer of £500 cashback towards moving costs,” Mr Kinley added.
The arrival of the new product comes after Halifax has announced a string of rate cuts across its mortgage range since the beginning of 2013.
