2 May

Halifax to offer home buyer help

Halifax to offer home buyer help

In recent weeks, with the stamp duty holiday having ended, and people facing additional costs to buy a home, some banks such as Santander have offered to help first-time buyers with their stamp duty costs.

However, now the Halifax has launched a deal which it says will help out a wider range of people rather than just first timers, as it will pay 50 per cent of stamp duty for anyone who takes a mortgage from it on a house between £125,000 and £250,000, even if they already own a home.

The bank said that, in the first quarter of this year alone, almost half of all purchases have sat in this price band, and noted that many people need help with the additional cost they must foot.

Stephen Noakes, mortgage director, Halifax said: "Buying a home is one of the most expensive purchases many will ever make and the costs associated can place an extra burden on homemovers."ADNFCR-1222-ID-801355312-ADNFCR

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