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It has been announced by Halifax that any First Time Buyers who have taken out a Home Solutions insurance policy with the bank will be refunded a year’s insurance premium.
The refund is available on selected mortgages and will be paid directly into the account which is used to pay the mortgage payments – this will continue until the 18th of August (the payment will be made within a 60 day time scale from when the mortgage commenced).
£150 cashback will also be given to those who have opened a Halifax current account, which will be payable to the customer’s conveyancer upon completion.
Mortgage Director at Halifax , Craig McKinlay, said: “Upfront costs when purchasing a new property can add up and First Time Buyers often fail to account for the cost of home insurance when planning the finances for their new home, so we’re delighted to be able to make their lives easier and provide the added peace of mind that their home is fully protected.”
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