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Halifax for Intermediaries is offering one of the leading two-year fix remortgage rates at 2.14%. The mortgage is specifically designed to reduce the costs of switching banks and it has a low £499 arrangement fee.

Halifax will pay the standard property valuation and legals fees when borrowers remortgage to them and they will need 40% equity in the property.

This mortgage is available to a maximum of £1 million and the lender still offers interest-only, although it can be exceptionally hard to qualify for.

The Halifax standard variable rate is 3.99%.

August 19, 2013
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