Halifax launches NewBuy 95% LTV deals

Lenders including the Royal Bank of Scotland, Nationwide and Barclays, all launched NewBuy mortgages last month, while Santander announced it would launch products later in the year. Halifax’s NewBuy products are available from today through its branch network and selected intermediaries. The deals are designed for borrowers with a 5% to 10% deposit purchasing a new-build property from the selected housebuilders. Products include a two-year fixed mortgage at 5.99% with a £999 fee and a two-year fixed mortgage at 6.39%, with no product fee. There is no mortgage account fee of £265 p...