Halifax launches new stepped fixed-rate mortgages by Finance News Bulletin

Published: 21/02/07

Halifax has unveiled particulars of a range of new mortgage crop that it claims represents the lowest stepped fixed rate mortgage deals in its historyStepped mortgage products work by contribution low mortgage rates during the first year of the contract to help new homeowners adjust to any unexpected financing evils, such as having to refurbish the possessions or pay stamp duty"'near to the ground start' helps borrowers to plan their finances over a longer occasion frame - whether they are buying for the first time or moving home," explained Mark Heaton, skull of mortgages at HalifaxAnd the monetary services provider has now launched deals such as a five-year fixed-rate mortgage manufactured goods with a 90 per cent low-to-value and mortgage rates of 1

99 per cent in the first year and 599 per cent thereafterThe manufactured goods has an arrangement fee of £1,999 and represents the lowest introductory mortgage rate obtainable by the banking company in its stepped mortgage varietyEarlier this week, HSBC announced the launch of a novel five-year fixed-rate standard mortgage product, which has mortgage rates of 5

55 per cent for the whole life of the dealRural areas may require more homes to help aggravated mortgage holders, analyst hints - Thu, 08 Feb 2007Record fees can crash on profits from buy-to-let mortgages, analyst suggests - Tue, 06 Feb 2007Today's Most Popular Results Mortgage Enquiry Form Need existence Insurance ------ Mortgages - Information Mortgages - Home ------ Financial Services - HomeRural areas may require more homes to help frustrated mortgage holders, psychoanalyst hints - Thu, 08 Feb 2007None of the information on this website is intended to endorse any specific mortgage product or provide mortgage advice Mortgages

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