Halifax is launching a first-time buyer and first-time buyer green home product range with up to £1,000 cashback available.
Halifax’s first-time buyer range with £500 cashback is priced from 4.6% for a two-year fixed rate, 4.31% for a five-year fixed rate and 4.93% for a 10-year fixed rate.
Two- and five-year fixed rates go up to 95% loan to value (LTV), and 10-year fixed rates are available at 60% and 75% LTV.
The range comes with a £999 fee, and between 60% and 80% LTV for two- and five-year fixed rates, the maximum loan of £2m is available, while the maximum loan is £750,000 at 90% LTV. At 95% LTV, the maximum loan is £570,000.
The maximum loan size is £2m for 10-year fixed rates.
The green first-time buyer products have the same price structure as the first-time buyer cashback range and come with £1,000 cashback.
The lender said that, for joint applicants where one customer is a first-time buyer, they should be keyed as the first applicant so that the first-time buyer products are available for selection.
Halifax has made several changes to its proposition, teaming up with Own New for low new-build rates, widening its shared ownership policy and changing its maximum working age for certain applications.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.