Halifax to reduce tracker rates

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Halifax will launch a new range of broker-only tracker products on Monday, 2 June, with reduced rates of up to 30 basis points and reduced fees.

Five-year trackers will now be available from 6.24% with a £999 fee and three-year trackers from 6.34%, also with a £999 fee. Four new products have been added to the lender’s product transfer/further advance range, including two new five-year trackers at maximum 75% LTV; 6.49% with no fee and 6.29% with a £999 fee. Two new five-year products have also been added at 75%-95% LTV; 6.64% with no fee and 6.44% with a £999 fee. IFAonline

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