Halifax entices borrowers with Council Tax offer

Halifax entices borrowers with Council Tax offer

As of this week, Halifax is plying homemovers and first-time buyers with a new offer that provides help towards the cost of running a home.

Borrowers can have 50% of their council tax bill paid by the lender during the first year in their new residence, with all payments being made direct to local councils.

There is a ceiling to Halifax’s generosity as the maximum provided under the scheme is £1,000.

The offer is available on all Halifax Homemover Mortgages and across its first-time buyer “Choices” range, although applications must be in by 23rd May.

The lender’s head of mortgage development, Jaedon Green, comments: “We are committed to helping make moving easier for both homemovers and first time buyers. Council tax is one the largest monthly outgoings from a household budget and our new offer has been specifically designed to give a helping hand.”

Rates start at 4.15% for a three-year fix from the Homebuyer range but applicants will need a 40% deposit.

Free purchasing conveyancing is also available to homemovers who hold a current account with Halifax, providing an opportunity for an average saving of £400.

Tags: , Council tax, , , , offer,

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