The reductions are between 0.20% and 0.50% come alongside several new deals intended to widen the options available for existing customers.
Responding to broker feedback calling for the introduction of clearer fee points across the range, the product changes now ensure a choice of lower rates with a £999 product fee, but also provide options without a product fee.
New products include a 2-year fixed rate up to 60% loan to value at 3.54% with no product fee and a 2-year tracker up to 60% LTV at 2.94% with no product fee.
Further reductions have also been made across the range of 3-year and 5-year fixed rate deals. Changes in the two year deals include cutting 2-year fixed rates which now start from 3.14% with a £999 product fee.
Halifax's 2-year tracker rates start from 2.54% with a £999 product fee while all product transfer rates can be secured within three months of a customer's existing product ending.
Ian Wilson, head of Halifax Intermediaries, said: "The changes that we're making to the product transfer range from Wednesday means our existing customers will be able to access some very competitive options. It makes sense for brokers to be talking to their existing clients about the choices that are available for them, and as we pay proc fees for existing business – they'll also be fairly rewarded for the work that they do."
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