Contractor Mortgages friendly lender Halifax helps Contractors save £135,800 beating the deadline to the benefit.
Since their latest cash back offer from Contractor friendly lender Halifax; ContractorFinancials have helped 59 first time buyers to a share of more than £135,800.
More about the offer.. How does it work?
On an average, people looking for a mortgage has saved approx. £2,302 under this offer, while securing best mortgage rates from the market. This latest offer by Halifax has helped first time buyers cover the cost of purchasing their first home.
Under this offer, Halifax shall pay first time buyers cash back of 1% of the whole mortgage balance. This includes fees up to a maximum of £2,500. Cash back is giving within 30 days of the mortgage completion.
Mortgage rate ranges as follows:
90% LTV 2 years fixed at 3.44% with a £1,499 arrangement fee
85% LTV 2 years fixed at 2.34% with a £1,499 arrangement fee
80% LTV 2 years fixed at 2.19% with a £1,499 arrangement fee
60% LTV 2 years fixed at 1.64% with a £1,499 arrangement fee
For those who are looking to borrow a smaller amount, there is also a range of fixed rates or no arrangement fee available. This offer is applicable on new build, affordable housing and Help to Buy purchases. Contractors with as little as 5% deposits can also make use of this offer. However, this offer does not apply on Buy to Let and loans over £1 million.
Contractors – there’s very less time left on this offer. Get your agreement in principal before this weekend.
This offer is expected to be withdrawn in a few weeks time. So, in order to avail this cash back offer, you will need to find a property and make a formal mortgage application before the offer runs out.
More info on great mortgage offers