Halifax Cuts Fixed Rates by 31bps

Big news for homebuyers and landlords! Halifax is reducing its fixed mortgage rates by up to 31 basis points, making homeownership and refinancing more affordable. From Friday, product transfers and further advance loans will also see cuts of up to 31bps, and some remortgage deals will drop by as much as 25bps. If you’ve been waiting for better mortgage rates, this could be the moment to act.

At the same time, Landbay has introduced four new Buy-to-Let (BTL) mortgage products, specifically designed for landlords investing in small Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs). These limited-edition five-year fixed deals come with competitive rates and are available for both purchases and remortgages. Here’s what’s on offer:

✅ HMO/MUFB – 5-Year Fixed at 75% LTV
🔹 5.49% rate with a 3% fee
🔹 Available for purchase & remortgage

✅ HMO/MUFB – 5-Year Fixed at 75% LTV
🔹 5.09% rate with a 5% fee
🔹 Available for purchase & remortgage

✅ HMO/MUFB Product Transfer – 5-Year Fixed at 75% LTV
🔹 5.49% rate with a 3% fee

✅ HMO/MUFB Product Transfer – 5-Year Fixed at 75% LTV
🔹 5.09% rate with a 5% fee

With rising demand for rental properties, especially among students, transient workers, and foreign nationals, Landbay is responding with more tailored mortgage options. Rob Stanton, Landbay’s Sales & Distribution Director, highlights that these additions further strengthen their offering for landlords looking to expand their portfolios.

Make Your Next Move with Mortgage-Tek

With rates dropping and new investment opportunities emerging, now is the perfect time to explore your options. At Mortgage-Tek, we specialize in helping contractors and self-employed professionals secure the best mortgage deals without the usual hassle. Whether you’re buying, remortgaging, or investing, we’ll guide you every step of the way. Get in touch today and let’s find the right mortgage for you!

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