Halifax will make rate reductions of up to 0.22% on its homemover, first-time buyer, remortgage, product transfer and further advance deals.
In an update to brokers, the lender said that rate reductions of up to 0.15% will be made to its homemover and first-time buyer deals.
Within its homebuyer range, its two-year fixed rate at 60% loan to value (LTV) will be lowered by up to 0.15% to 4.46%, and its five-year fixed rate has been cut by up to 0.12%. Both come with a £999 fee.
On the remortgage side, rate cuts of up to 0.22% will be made.
As an example, its two-year fixed rate at 60% and 80% LTV will decrease by 0.14% to 4.67% and 5.32% respectively.
Three-year fixed rates at 60% and 80% LTV will fall by 0.13% and 0.22% to 4.52% and 5.59%, while the lender’s five-year fixed rate at 75% LTV will go down by 0.17% to 4.43%.
Within its product transfer and further advance products, rate reductions of up to 0.17% will be made on certain products.
Halifax last lowered rates earlier this month, cutting rates by up to 0.19%.
TSB makes rate reductions across range
TSB will decrease rates by up to 0.15% across its residential, product transfer and additional borrowing ranges.
In its residential range, rate reductions have been made to its two-year fixed first-time buyer and homemover offerings, which will go down by up to 0.1%.
Five-year fixed first-time buyer and homemover deals up to 75% LTV will fall by up to 0.1%, while two-year fixed remortgage rates have gone down by up to 0.15%.
Within its product transfer range, rate predictions up to 90% LTV have fallen by up to 0.1%, along with residential additional borrowing for a two-year fixed rate up to 80% LTV.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
