Product changes effective from Saturday 20th March 2010

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  4. Product changes effective from Saturday 20th March 2010

Halifax Intermediaries is launching a number of trackers that are specifically designed for clients looking for a repayment mortgage.

To reward clients who pay off an amount of their mortgage capital each month these products are priced 20bps below our other interest only options.

Other changes effective on 20th March 2010 to home movers, first time buyers and remortgage products are:

  • new 5 year fixed products
  • rates reduced on 5 year fixed - rates from 5.19%
  • selected tracker rates amended
  • selected 2 year tracker products removed

So give your clients a little extra help with our new products matched with our award winning customer service.

"Customers with smaller loans will typically pay less over the product life if they select products with smaller fees, despite the higher interest rates payable."

Click here for full product details

Our tracker rate mortgages are linked to Bank of England bank rate (also known as Bank of England repo rate). Details of this rate can be found on the Bank of England website at www.bankofengland.co.uk or in the Financial Times or other leading newspapers.

For independent information on mortgages, visit the FSA website 'Money Advice Service'.

If you do not have professional experience, you should not rely on the information contained in this communication. If you are a professional and you reproduce any part of the information contained in this communication, to be used with or to advise retail clients, you must ensure it conforms to the Financial Services Authority's advising and selling rules. This site is intended for UK residents unless otherwise stated. Halifax is a division of Bank of Scotland plc. Registered in Scotland No.SC327000. Registered Office: The Mound, Edinburgh EH1 1YZ. For optimal viewing of this site you will need Macromedia Flash version 5 or above. Copyright © 2009, Halifax plc. All rights reserved.

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