18 Feb

Improved deals for houses for sale in the UK

Improved deals for houses for sale in the UK

People looking to buy houses for sale in 2011 may benefit from an improved range of mortgage deals.

Halifax has recently launched new two-year deals with up to 60 per cent loan-to-value (LTV).

Homebuyers can opt for a two-year fixed deal with a rate of 3.14 per cent and a £995 product fee, or choose a two-year tracker mortgage at 2.49 per cent for the same cost.

In addition, reductions of up to 0.45 per cent are available on products that offer 75 per cent LTV or higher.

Stephen Noakes, commercial director for mortgages said: "We know that homeowners are weighing up their options.

"These changes have really updated our offering, launching new deals to bring us in line with the market."

Mortgage lending in January amounted to £2.9 billion, according to the Council of Mortgage Lenders.

Recent figures show a five per cent rise in lending compared to January 2010.ADNFCR-1222-ID-800414538-ADNFCR

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