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Halifax offers £500 cashback to home buyers

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Halifax has launched a new offer giving first time buyers and homemovers £500 cashback and zero fees on a range of mortgages.

Available from today (7 May) the offer is available to mortgage applicants preparing to move house – be it into their first home or a new home – and will be paid via their solicitor or conveyancer upon completion.

The offer applies to select two and five year fixed mortgages.

Craig McKinley, mortgages director at Halifax, said: “First time buyers and homemovers each play a key role in ensuring the strength of the property market. We are committed to helping these buyers take their first and next steps on the ladder.”

Current Halifax mortgages for first time buyers include a 75 per cent loan to value (LTV) 2 year fixed rate at 3.14 per cent and a 95 per cent LTV 2 year fixed rate at 5.59 per cent.

Halifax homemover mortgages include a 60 per cent LTV 2 year fixed rate at 2.64 per cent and a 75 per cent 2 year fixed rate at 3.14 per cent.

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