Are you looking for the best Halifax mortgage rates? With the Bank of England raising interest rates again, major mortgage lenders like Nationwide and Halifax have reduced their rates. Homebuyers should be careful to try too hard and be prepared for the possibility that home prices will fall from their current high levels, because higher mortgage rates limit people's ability to borrow. At Halifax, they offer a selection of mortgage products for first-time buyers, moving houses and those looking to remortgage. Whatever you choose, they can help you search the market for the best mortgage offers available, check if you qualify and even help you apply online, doing all the legwork to get your mortgage offer. This is Money's best mortgage rate calculator, developed by L&C, can show you offers that match the value of your mortgage and your property.
Mortgage rates rose rapidly at the end of last year, but are now falling slowly. Interest on the average five-year fixed mortgage fell well below 6 percent to 5.42 percent, as more lenders lower their rates. When choosing the best Halifax mortgage offer for your circumstances, you'll need to consider the value of the property you want to buy, how much you can offer as a deposit, and how much you can afford each month. When an applicant expects to apply for a mortgage after their retirement age or 70 years (whichever comes first), the lender must be sure that the applicant can back the mortgage with their proven retirement income. To use the free mortgage calculator, simply go to the top of the page and select the type of mortgage you're looking for. With so many options available, it's important to compare different offers and find one that fits your needs.
Halifax can help you find the best deal for your situation.