Halifax reduces fixed rates by up to 0.28%
90% LTV products have seen the largest rate cuts.
Halifax has announced rate reductions of up to 0.28% across its residential two and five-year fixed rate mortgage products.
In its two-year range, the lowest rate now available is at 3.81% up to 60% LTV following a cut of 21bps.
Two-year fixed rates have reduced to 4.03% at 75% LTV, 4.33% at 80% LTV and 4.36% at 85% LTV. In addition, a 90% LTV two-year fix has reduced by 28bps to 4.72%.
Five-year fixed rates have seen reductions of up to 0.20%, with the lowest rate now at 4.01%.
Five-year fixed rates are now available from 4.03% at 75% LTV, 4.21% at 80% LTV and 85% LTV, and 4.37% at 90% LTV.
As part of the changes, end dates have been extended to December of the relevant year.
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Budget
Budget: Government introduces mansion tax on high-value homes
Budget
Budget: Government introduces £2,000 salary sacrifice cap
Lifetime Isa
Budget: Lifetime ISA to be scrapped in favour of new first-time buyer ISA
Budget
Budget: Property income tax to rise by 2%
FCA
Firms required to report complaints involving vulnerable customers under simplified FCA rules
Santander
Santander joins mortgage price war with new rates from 3.51%
