Halifax slashes rates

Its 2-year fixed and tracker products have been reduced by up to 0.20% at 75% LTV and 0.30% from 75-85% LTV, while its 5-year 60% LTV rates have been reduced by 0.25%.

On 2-year homemover and first-time buyer products rates at 75%, 80%, 85% and 90% LTV have been cut by 0.10%.

Ian Wilson, head of Halifax intermediaries, said: "We are making a number of pricing reductions across our product ranges to help customers save money when purchasing or remortgaging with Halifax.

“With these reductions across all LTV ranges, we are responding to the changing market and providing brokers with an even more competitive suite of products to offer their clients.

“We are pleased to be able to continue to support not only first time buyers, but also the wider market.”