Halifax for intermediaries will raise rates across a range of homebuyer, remortgage and product transfer offers by up to 29 basis points on Friday (1 March).
The lender’s broker-only unit says its changes, which includes some large loan remortgage cuts, covers:
Homebuyer products including first-time buyer, large loans, new build and affordable housing – shared equity/shared ownership and equivalent green home products
- Rate increases on two- and five-year fixes of up to 18bps
- Complete by dates extended by one month
Remortgage products including large loans, affordable housing – shared equity/shared ownership and equivalent green home products
- Rate increases on selected two-year fixes of up to 29bps
- Rate cuts 20bps on two- and five-year fixes at 90% loan to value
- Complete by dates extended by one month
Product transfer and further advance products
- Rate increases on fixes of up to 29%bps
- Complete by dates extended by one month
The lender tells brokers to submit applications in full by 8pm on 29 February to secure existing product codes.
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