Halifax is the best mortgage lender in the UK. Finding the best mortgage lender isn’t always easy, but if you look at reviews and comparisons, you’ll find the right one.
We found one in United Kingdom (UK). If you live in the UK and want to find the best mortgage lender in your area, look no further than Halifax Mortgage.
This article will cover everything you need to know about Halifax mortgage lenders, after reading this article you will know what Halifax mortgages are, how they work, requirements and some other questions that people often ask.
What is Halifax
Halifax is a part of Lloyds Banking Group, the UK’s best mortgage lenders. In the UK local mortgage market, Halifax is trending now and people get inspired to buy their products as they provide an impressive number of benefits and House Price Index.
Halifax provides online mortgages directly through their branches. There is likewise Halifax Intermediaries which, as the name proposes, is just open through a home loan representative. It offers select valuing, as well, similar to the portal for more expert mortgage products. It is, for instance, one of the biggest loan specialists in the Affordable Housing area. Halifax also offers new-build and self-build mortgages.
What Types of Mortgages Does Halifax Offer?
Halifax is mainly a prime lender which has a good and excellent credit history. Halifax has impressive offers for buyers they are buy-to-let and residential mortgages with fixed rates and tracker rates of the deal. To reduce mortgage payments and terms, it also offers offset mortgages made for 55 years old’s people and first-time buyers.
How Much Can I Borrow With Halifax?
Halifax, alongside any remaining moneylenders, evaluates the affordability of a likely credit by taking a gander at various elements including pay, the loan-to-value (LTV) of the home loan, and any current mortgage responsibilities. Though they are affordable, there are still rules on the pay products candidates can hope to get, as well as the maximum loan size they can take out at various levels of LTV.
What Interest Rates Does Halifax Charge?
Halifax interest changes sometimes so we will write here as an average rate of a mortgage broker. Halifax always provides affordable services for their customer that others don’t. Compared to the local mortgage market the available deals are:
- 5-year fixed rate for first-time buyers gets up to 60% LTV at 3.18%
- 2-year fixed rate for first-time buyers gets up to 60% LTV at 2.56%
- 2-year fixed rate for a remortgage gets up to 60% LTV at 2.83%
Halifax Mortgage Address
The Halifax Registered Office in Trinity Road, Halifax, West Yorkshire, HX1 2RG. Financial Conduct is authorized and regulated by 12 Endeavour Square, London, E20 1JN and the registration number is 183332.