As of today, Halifax Intermediaries has announced that it will be withdrawing the majority of its 80% LTV products.
There are some exceptions to the changes, with 80% LTV still available on Stamp Duty Specials, New Build, Large Loan and Affordable Housing products.
Halifax also announced that 5 year fixed rates at 75% and 85% LTV increased by 0.10% for homemovers, first time buyers and remortgages.
A spokesperson for Halifax Intermediaries said:
“We have made some changes to our core range including the removal of some of our 80 per cent products to simplify the range. This allows us to focus on our current stamp duty initiative for first time buyers which has proved incredibly popular and is scheduled to end soon.”
For help with Halifax and all providers mortgages contact Integrity IFA for free independent mortgage advice in Edinburgh and the Lothians.
Integrity IFA – IFA ‘s in Edinburgh.