Halifax has unveiled a new offer for customers looking to remortgage direct with the bank.
Customers can earn £250 cashback automatically on completion of their mortgage.
In addition, it has cut rates across its first time buyer and home mover range by 0.2 percentage points. Rates now start from 1.84% with a £495 fee on a two year fixed rate mortgage.
Those looking to fix for longer can benefit from five year deals starting at 2.54% with a £495 fee.
Halifax customers can take advantage of the bank’s Switcher Service, which offers customers a dedicated mortgage adviser and no charge for the standard valuation costs and basic legal fee. On average, this saves customers around an additional £300, the bank claims.
Craig McKinlay, mortgages director at Halifax, said: “Halifax is committed to providing competitive mortgages and great service to our customers. Existing homeowners stand to save a significant amount by switching their mortgage to the Halifax, not only on their monthly payments, but this latest offer means that the cost and any hassle has also been reduced significantly.”