Halifax cuts rates 0.5pc

The lender has also cut the rates on its 0-90% LTV 5-year fixed first-time buyer and home mover products, and 0-85% LTV 5-year remortgage products by up to 0.45%.

Craig McKinlay, mortgages director at Halifax, said: “Halifax is committed to providing competitive mortgages and great service to our customers.

“The reduction in rates across our two and 5-year product range for first-time buyers, home movers and remortgage customers will enable us to continue to support first-time buyers and those moving up the housing ladder.”