Halifax Mortgage Product Guide: Current Interest Rates by Loan-to-Value (LTV)

Current Halifax mortgage rates in the available comparison data range from 4.13% to 4.57% for two-year fixed mortgages and from 4.17% to 4.51% for five-year fixed mortgages, depending on the borrower’s loan-to-value ratio.

The lowest rate in this snapshot is the 4.13% two-year fixed Halifax mortgage at 60% LTV. At 90% LTV, where a customer contributes a smaller deposit relative to the property price, the lowest listed two-year rate is 4.57%.

These figures were updated on 16 July 2026. Halifax itself does not publish one universal public rate table for every applicant.

Instead, it directs first-time buyers, home movers, remortgage customers and existing borrowers to its mortgage calculator for personalised Halifax mortgage deals.

The representative products in this table showed combined arrangement, valuation, mortgage-discharge and CHAPS fees of £1,099.

Early repayment charges also applied during the fixed periods. Availability, fees and qualifying criteria may change before an application is submitted.

Rate-data date: 16 July 2026

Key takeaways:

• Current Halifax mortgage interest rates generally become higher as LTV increases.
• The lowest headline rate is not automatically the cheapest Halifax mortgage deal after fees and longer-term costs are considered.
• At 70% and 90% LTV, the five-year fixed rate in the current table is marginally lower than the equivalent two-year rate.
• Halifax uses a calculator to provide personalised rates rather than offering one rate to every customer.
• Purchase, remortgage and existing-customer rates may differ.
• First-time buyers may have access to standard 5% deposit mortgages or the separate Halifax £5k Deposit Mortgage, subject to eligibility.
• Borrowers should compare the initial rate, APRC, product fees, monthly repayments, early repayment charges and total amount payable.

How Do Halifax Mortgage Rates Change by LTV?

Loan-to-value is one of the main factors used when dividing mortgage products into pricing bands. It measures the mortgage balance as a percentage of the property’s value.

A buyer purchasing a £300,000 property with a £60,000 deposit would need a £240,000 mortgage. That represents an 80% LTV:

£240,000 ÷ £300,000 × 100 = 80%

Halifax says its repayment calculator uses the applicant’s LTV to identify potentially available mortgage deals. The interest rate and length of the deal are then used to estimate monthly repayments.

Halifax 60% LTV Mortgage Rates

A Halifax 60% LTV mortgage requires the applicant to provide a deposit or equity worth 40% of the property’s value.

The current comparison snapshot shows:

• Two-year fixed rate: 4.13%
• Five-year fixed rate: 4.17%

On a £300,000 property, a 60% LTV applicant would borrow £180,000 and contribute £120,000 through a deposit or existing equity.

This LTV band has the lowest two-year and five-year rates in the current Halifax mortgage rate table. However, applicants must still consider product fees, affordability and eligibility rather than assuming the lowest advertised rate will be available to them.

Halifax 70% LTV Mortgage Rates

A Halifax 70% LTV mortgage requires a 30% deposit or equivalent equity.

The current rates are:

• Two-year fixed rate: 4.27%
• Five-year fixed rate: 4.26%

The difference between the two fixed periods is only 0.01 percentage points. That means the decision should not be based on the headline rate alone.

Borrowers should consider how long they expect to remain in the property, whether they may repay or move early, and how much they could pay in fees when arranging another mortgage.

Halifax 80% LTV Mortgage Rates

An 80% LTV Halifax mortgage would normally be suitable for an applicant contributing 20% of the property price.

The current comparison data shows:

• Two-year fixed rate: 4.29%
• Five-year fixed rate: 4.35%

For a £300,000 home, the mortgage would be £240,000 and the deposit would be £60,000.

Moving into a lower LTV band could provide access to a different selection of Halifax mortgage products. However, using all available savings for a larger deposit can leave a buyer with less money for Stamp Duty, legal work, surveys, repairs and emergencies.

Halifax 90% LTV Mortgage Rates

A Halifax 90% LTV mortgage requires a deposit or equity contribution of 10%.

The current rates are:

• Two-year fixed rate: 4.57%
• Five-year fixed rate: 4.51%

On a £300,000 property, the applicant would borrow £270,000 and contribute a £30,000 deposit.

The five-year rate is 0.06 percentage points lower than the two-year rate in this snapshot. It also provides a longer period of payment certainty, but the borrower could face early repayment charges if they need to leave the deal before the fixed term ends.

Does Halifax Offer 95% LTV Mortgages?

Halifax offers first-time-buyer options requiring a deposit of at least 5% of the property price, subject to its lending and affordability criteria.

A standard 95% LTV mortgage is different from the Halifax £5k Deposit Mortgage.

The £5k product may allow an eligible first-time buyer to borrow more than 95% of the property value, but it has specific property-price, deposit and applicant restrictions.

Applicants looking for Halifax 95% LTV mortgage rates should therefore use the lender’s live calculator rather than applying the 90% figures in the table to a 95% mortgage.

What Does Loan-to-Value Mean?

Loan-to-value, commonly shortened to LTV, is the percentage of a property’s value covered by the mortgage.

The basic calculation is:

Mortgage amount ÷ property value × 100 = LTV

LTV is relevant to both buyers and remortgage customers. For a buyer, the non-mortgage portion will usually come from a cash deposit. For an existing homeowner, it may come from the equity built up in the property.

The lender’s valuation can affect the final calculation. A lower-than-expected valuation may push an application into a higher LTV band, potentially changing the Halifax mortgage deals available.

Halifax Two-year Versus Five-year Fixed Mortgage Rates

A fixed-rate mortgage keeps the interest rate unchanged during the agreed fixed period. Halifax says its fixed mortgage periods commonly run from two to ten years.

A Halifax two-year fixed mortgage may appeal to someone who wants a shorter commitment or expects to review their borrowing relatively soon.

The disadvantage is that the customer may need to arrange another deal earlier, potentially paying another product fee and facing whatever mortgage rates are available at that time.

A Halifax five-year fixed mortgage provides a longer period of payment stability.

It may reduce the need to remortgage frequently, although it can provide less flexibility if the borrower plans to move, make a large repayment or change the mortgage before the deal expires.

The current Halifax fixed mortgage rates do not show one term consistently undercutting the other:

• At 60% LTV, the two-year rate is lower.
• At 70% LTV, the five-year rate is marginally lower.
• At 80% LTV, the two-year rate is lower.
• At 90% LTV, the five-year rate is lower.

This mixed pattern shows why borrowers should compare individual products rather than assuming that a two-year or five-year fix will always have the lowest rate.

Why the Lowest Halifax Interest Rate May Not Be the Cheapest Deal?

The initial interest rate determines repayments during the introductory period, but it is only one part of a mortgage’s cost.

The current representative Halifax deals include £1,099 in combined fees. Spread as a simple illustration across the 26 fixed-rate months shown for the two-year products, £1,099 is equivalent to approximately £42.27 per month.

Spread across the 62 months shown for the five-year products, it is approximately £17.73 per month.

This does not mean Halifax collects the fees monthly or that every charge is paid in the same way. It simply illustrates why fees can have a greater proportional effect on a shorter deal.

Compare the Initial Rate and APRC

The APRC, or Annual Percentage Rate of Charge, estimates the annual cost of a mortgage over its full term and includes relevant fees and charges.

It can help borrowers compare products beyond the initial interest rate, although it assumes the mortgage continues according to the stated terms.

The current Halifax table demonstrates the difference between an introductory rate and APRC. For example, the 60% LTV two-year mortgage has an initial rate of 4.13% but an APRC of 6.9%.

The APRC is higher partly because the representative calculation includes the later variable rate and applicable mortgage charges.

Examine the Total Amount Payable

Customers should review:

• The initial monthly repayment
• The number of payments at the fixed rate
• The rate charged after the deal ends
• Product and valuation fees
• Early repayment charges
• Incentives such as cashback or legal-fee assistance
• The total amount repayable over the assumed term

A mortgage illustration sets out the terms, repayments, charges and overall cost of the particular offer. It is more relevant to the applicant than a general comparison table.

Halifax Rates for Different Types of Mortgage Customers

The current Halifax mortgage rate available to a customer depends partly on what they are trying to do.

Halifax First-time Buyer Mortgage Rates

First-time-buyer products may include lower-deposit options, but the available rate will still depend on LTV, affordability, property details and the selected mortgage term.

A buyer with a 40% deposit should not compare their application only with a 95% LTV product. Equally, a customer with a 5% deposit may not qualify for the lower rates displayed in the 60% or 70% LTV bands.

Halifax Home-mover Mortgage Rates

Home movers can search for a new Halifax mortgage or, in some circumstances, apply to take an existing rate to the new property. Taking a current mortgage rate to another home is known as porting.

Porting is not automatic. Halifax says the customer is still applying for a new mortgage, and eligibility must be reassessed. Someone borrowing additional money may end up with one portion on the ported rate and another portion on a new rate.

Halifax Remortgage Rates

Halifax provides a separate calculator for customers moving a mortgage from another lender. Remortgage rates, incentives and maximum LTV limits may differ from purchase products.

A homeowner should therefore compare Halifax remortgage rates directly rather than relying on a purchase-rate table.

Halifax Mortgage Rates for Existing Customers

Existing customers approaching the end of a deal may be offered product-transfer rates that differ from new-customer mortgage deals.

Halifax says eligible customers can secure a new deal up to four months before the current one ends.

Customers can wait for the existing rate to expire or move to the new deal earlier, although an early repayment charge may apply when more than three months remain.

How Does the Halifax £5k Deposit Mortgage Work?

The Halifax £5k Deposit Mortgage is a five-year fixed repayment mortgage for eligible first-time buyers.

Applicants provide at least £5,000 from their own savings. Halifax says the product may allow them to borrow more than 95% of the property’s value.

The main eligibility conditions include:

• The applicant must be a first-time buyer.
• They must be at least 18.
• The property must be worth between £102,000 and £300,000.
• The property must be the applicant’s only residence.
• The applicant must not have an interest in another property.
• The application remains subject to Halifax’s assessment.

The product is not available when the £5,000 deposit has been gifted. Halifax also excludes new-build homes, interest-only mortgages, previous mortgage holders and purchases using specified schemes such as shared ownership, shared equity and Right to Buy.

Borrowing at more than 95% LTV creates additional risk. A fall in the property’s value could leave the borrower owing more than the home is worth.

Halifax also warns that repayments may be higher with only a £5,000 deposit and that saving a larger deposit may provide access to a lower interest rate.

Does Halifax Offer Tracker and Variable Mortgage Rates?

Halifax identifies fixed, tracker and standard variable rates among its mortgage-rate types.

A tracker mortgage normally moves in line with the Bank of England base rate. If the tracked rate rises or falls, the borrower’s monthly payment may also change.

Halifax’s standard variable rate is set by the lender. Customers will usually move to an applicable variable rate when an introductory deal expires unless they arrange another product.

Halifax says its SVR is normally more expensive than other mortgage rates.

Variable rates can provide flexibility in some circumstances, but payments are not protected from interest-rate movements. Customers should check whether a product includes a collar, minimum rate, fee or early repayment charge.

Is the Halifax Brand Changing to Lloyds?

Halifax’s mortgage website currently states that the Halifax brand is changing to Lloyds.

Customers can still apply for a Halifax mortgage, and applications already started will continue. Halifax also says existing mortgage management and adviser support remain available.

Borrowers should rely on current communications from Halifax or Lloyds for information about how the transition affects a particular application, account or mortgage document.

What Affects the Halifax Mortgage Rate You Receive?

Halifax says mortgage interest rates vary according to factors including the Bank of England base rate, the amount borrowed, the length of the deal and product fees.

The rate and product offered to an individual may also depend on:

• The property’s value
• The required mortgage amount
• The resulting LTV
• Whether the application is for a purchase, remortgage or product transfer
• The repayment term
• Income and committed expenditure
• Credit history
• Property type
• The applicant’s residency and employment circumstances
• Halifax’s lending criteria at the time of application

A larger deposit can reduce the LTV, but it does not guarantee approval. The lender must still assess affordability, credit risk, the property and the application as a whole.

How to Obtain a Personalised Halifax Mortgage Quote?

Start by confirming the expected property value, deposit and mortgage amount. These figures establish the LTV band and determine which Halifax mortgage products may be relevant.

Next, use Halifax’s mortgage calculator to review the available rates and estimated repayments.

Halifax provides separate routes for first-time buyers, home movers, remortgage applicants, customers switching a Halifax deal and those borrowing more.

Compare each suitable product using:

1. The initial Halifax mortgage interest rate
2. The length of the fixed or tracker period
3. The monthly repayment
4. Product and administration fees
5. APRC
6. Early repayment charges
7. The rate applying after the deal ends
8. The total amount payable

Applicants can then request an Agreement in Principle. Halifax says this normally takes about ten minutes, provides an immediate decision and uses a soft credit check that does not affect the applicant’s credit score.

An Agreement in Principle is not a final mortgage offer. The full application still requires affordability checks, property assessment and approval under the lender’s criteria.

Practical example: comparing Halifax Deals by LTV

Consider two buyers purchasing properties valued at £300,000 with 25-year repayment mortgages.

Buyer A: 60% LTV

Buyer A has a £120,000 deposit and needs to borrow £180,000.

Under the current representative two-year Halifax mortgage:

• Initial rate: 4.13%
• Initial monthly repayment: £962.16
• APRC: 6.9%
• Combined listed fees: £1,099

Buyer B: 90% LTV

Buyer B has a £30,000 deposit and needs to borrow £270,000.

Under the current representative two-year Halifax mortgage:

• Initial rate: 4.57%
• Initial monthly repayment: £1,510.01
• APRC: 7.0%
• Combined listed fees: £1,099

Buyer B’s representative initial payment is £547.85 more per month. Most of that difference results from borrowing an additional £90,000, while the higher interest rate also increases the payment.

For the representative five-year products, the monthly payments are £966.16 at 60% LTV and £1,500.81 at 90% LTV a difference of £534.65 per month.

This example demonstrates why comparing headline rates alone can be misleading. The mortgage balance, rate, term and fees must be considered together.

Next Steps Before Applying

1. Calculate the required mortgage and LTV.
2. Keep money aside for legal work, surveys, tax and moving costs.
3. Check Halifax’s live mortgage calculator.
4. Separate purchase rates from remortgage and existing-customer deals.
5. Compare the initial rate, APRC, fees and total cost.
6. Check early repayment and portability conditions.
7. Obtain an Agreement in Principle where appropriate.
8. Review the personalised mortgage illustration.
9. Compare the offer with suitable products from other UK lenders.
10. Seek regulated mortgage advice when personal guidance is required.

Conclusion

Current Halifax mortgage rates vary significantly according to loan-to-value, with the lowest rates in the comparison snapshot available at 60% LTV.

As of 16 July 2026, Halifax’s lowest listed two-year fixed rate was 4.13%, while its lowest five-year fixed rate was 4.17%. At 90% LTV, the corresponding rates were 4.57% and 4.51%.

The best Halifax mortgage deal cannot be identified from the interest rate alone. Borrowers should also consider fees, APRC, monthly repayments, early repayment charges, mortgage purpose and the period for which they want payment certainty.

Because Halifax mortgage interest rates and product availability can change, customers should check the lender’s calculator and personalised mortgage illustration immediately before making a decision.

FAQ

What are Halifax mortgage rates today?

Comparison data updated on 16 July 2026 shows Halifax two-year fixed rates ranging from 4.13% to 4.57% and five-year fixed rates ranging from 4.17% to 4.51% across the displayed 60% to 90% LTV bands. The available rate depends on the applicant and product.

What is the lowest current Halifax mortgage rate?

The lowest rate in the current table is 4.13% for a two-year fixed mortgage at 60% LTV. This is a market snapshot rather than a guaranteed rate for every applicant.

What Halifax mortgage rate can I get at 60% LTV?

The current representative rates are 4.13% for a two-year fix and 4.17% for a five-year fix. Applicants should check the associated fees and eligibility criteria.

Does Halifax offer mortgages at 90% or 95% LTV?

Yes. Halifax products include high-LTV options, subject to eligibility. First-time buyers may also be able to apply for a standard 5% deposit mortgage or the separate £5k Deposit Mortgage.

Are Halifax remortgage rates different from purchase rates?

They can be. Halifax provides a dedicated remortgage calculator because products, rates and incentives may differ from those available to home buyers.

Is a Halifax two-year or five-year fixed mortgage better?

Neither term is universally better. A two-year fix offers a shorter commitment, while a five-year fix provides longer payment certainty. Fees, early repayment charges and future plans should guide the comparison.

How often does Halifax change its mortgage rates?

Halifax says rates may remain unchanged for years or change frequently, depending on the rate type, economic conditions, the housing market and factors such as the Bank of England base rate.

Financial disclaimer: This article provides general information and does not constitute personalised mortgage or financial advice. Mortgage approval, pricing and affordability depend on individual circumstances. Your home may be repossessed if you do not keep up repayments on your mortgage.

Note: Mortgage rates can change at short notice. The figures below are a dated comparison snapshot, not a personalised offer or financial advice. Applicants should confirm Halifax’s live rates and read the formal mortgage illustration before proceeding.

Source Links

Halifax Mortgage Rates
https://www.halifax.co.uk/mortgages/mortgage-rates.html

Halifax Mortgage Repayment Calculator
https://www.halifax.co.uk/mortgages/mortgage-repayment-calculator.html

Halifax £5k Deposit Mortgage
https://www.halifax.co.uk/mortgages/first-time-buyers/5k-deposit-mortgage.html

Halifax Switch to a New Mortgage Deal
https://www.halifax.co.uk/mortgages/existing-customers/switch-to-a-new-deal.html

Halifax Mortgage Porting Guide
https://www.halifax.co.uk/mortgages/existing-customers/porting.html

Uswitch Halifax Mortgage Rates
https://www.uswitch.com/mortgages/halifax/