Halifax slashes 2-year rates

The lender is also offering a 60% LTV 2-year tracker at 1.29% with a £999 fee.

Ian Wilson, head of Halifax intermediaries, said: “Halifax is committed to providing competitive products and great service to the intermediary market.

“These rates are among the lowest we’ve had in the last decade and will enable us to continue to support our first-time buyer and new build commitments where our intention is to provide one in four customers with their mortgage.”

For loans above £1m 60% LTV 2-year fixes stand at 2.49% with a £1,499 fee, while new build products stand at 1.89% with a £999 fee.

In terms of the lender’s shared equity/shared ownership and Help to Buy equity loan products, its 60% 2-year fix stands at 2.74% with a £999 fee.