Halifax makes changes to fixed rate range

Fixed Rate Mortgages

- A new 2 Year Fixed mortgage rate of 4.45% available for loans up to 75% loan to value.

- 10 Year Fixed Rate mortgage reduced to 4.99%. A reduction of 0.20% (20 basis points) from 5.19%.

Mark Heaton, head of Halifax mortgages, said:

"For homeowners who want to fix their monthly payments the new two year fixed rate of 4.45% is amongst the best rates available on the market. For those who want the peace of mind of a fixed rate over the longer term we have reduced our ten year rate to 4.99%"

All existing products within the Halifax mortgage range remain the same.