Halifax reduces rates

It has also introduced four new fee-free products.

The new rates are as follows:

5.59% 2 year tracker rate, up to 75% LTV, £1,999 fee (previously 5.69%)

5.84% 2 year fixed rate, up to 75% LTV, £999 fee (previously 6.19%)

6.04% 3 year fixed rate, up to 75% LTV, £499 fee (previously 6.49%)

New fee-free products are as follows:

6.19% 3 year tracker rate, up to 60% LTV, £0 fee available for homebuyer and remortgage customers

6.39% 2 year fixed rate, up to 60% LTV, £0 fee available for homebuyer and remortgage customers.