Generous Halifax offers £500 to homebuyers - Mortgages - News - Moneyfacts


Generous Halifax offers £500 to homebuyers

Generous Halifax offers £500 to homebuyers

Category: Mortgages

Updated: 31/08/2012
First Published: 31/08/2012

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

The UK 's largest mortgage lender, Halifax, has announced it will offer homebuyers £500 to assist with the cost of moving home.

Paid as a cashback payment upon completion of purchase, the offer is part of Halifax's initiative to help reduce the cost of moving for its customers. Latest research by the lender found that the cost of moving home has increased by 69% over the past ten years.

Stephen Noakes, mortgage director at Halifax said: "Many homebuyers budget for major costs such as stamp duty and estate agent fees when purchasing a property.

"However, sometimes the many other costs, such as removal costs can catch buyers out and add further pressure to tight purse strings. With £500 cashback towards the cost of moving home we are helping to alleviate some of this pressure and support homebuyers."

What Next?

Find the best mortgage rate - Compare best selling mortgages

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Does your mortgage lender owe you money?

Earlier this week, the financial watchdog revealed that hundreds of thousands of mortgage holders could have been overcharged by their lender. Are you one of the many who could be in line for a windfall?

Do you think your home will rise in value?

There’s been a lot of talk recently about the rate of house price growth slowing, but is it affecting your personal expectations? According to research, it could be, with fewer people now expecting the value of their property to increase.

Confidence among “second steppers” is on the rise

We all know how difficult it can be taking that first step on the ladder, but what about the second step? In many cases, getting onto the next rung can be just as challenging, but happily, confidence among this cohort appears to be on the rise.