2- and 5-Year Fixed Remortgage Rates from Halifax

Last Updated: 07-09-2021

Reading Time: 2 minutes

halifax logoAs of today, Friday 4th June, Halifax has introduced a range of remortgage deals on 2- and 5-year fixed rate mortgage loans.

Higher deposits, >=25%, come as either repayment or interest only.

For any lower deposits, down to 15%, the lender is offering repayment mortgages only. Details as follows:

2-Year Fixed, on Repayment & Interest-Only deals

Interest rate/Loan to Value:

  • 1.01% on 0-60% LTV;
  • 1.22% on 60-75% LTV.

2-Year Fixed on, Repayment (only) deals

Interest rate/Loan to Value:

  • 1.82% on 75-80% LTV;
  • 2.33% on 80-85% LTV.

5-Yr Fixed, on Repayment & Interest-Only deals

Interest rate/Loan to Value:

  • 1.17% on 0-60% LTV;
  • 1.50% on 60-75% LTV;
  • 1.76% on on 60-75% LTV,
    • [1.76% = £0 fee!].

5-Yr Fixed, on Repayment (only) deals

Interest rate/Loan to Value:

  • 2.10% on 75-80% LTV;
  • 2.56% on 80-85% LTV;
  • 2.79% on 80-85% LTV,
    • [2.79% = £0 fee!].

We have no insight into how long these amazing deals will be around. But, with the 'Race for Space' in full swing, we'd advise contractors looking to move out of the city not to hang about. Those leafy-laned suburbs won't stay underpopulated for long. Talk to us!

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Author: John Yerou

John Yerou is a pioneer of contractor mortgages and owner and founder of Freelancer Financials, Contractor Mortgages®, C&F Mortgages and Self Employed Mortgages, trading styles and brands of the award-winning Mortgage Quest Ltd.

Posted by John Yerou

on June 4th, 2021 19:35pm in Mortgage Blog.