Halifax reduces mortgage rates

Halifax, the UK's largest mortgage lender, announces it is reducing its mortgage rates for the second time in seven days. The new rates are effective from Saturday 19th July.

This will be the lender's eighth decrease in rates so far this year.

BM Solutions, Bank of Scotland (BoS) and Intelligent Finance are also reducing some of their mortgage rates. Across the Group, 48 mortgage products are decreasing

Halifax

20 of the existing 45 fixed rate products for will reduce by up to 0.15%.

BM Solutions, BoS and Intelligent Finance mortgage rates that are changing include;

Four of the six Bank of Scotland Buy to Let products are reducing by up to 0.25%
Three out of the eleven Bank of Scotland Self Cert trackers are reducing by 0.10%
Three out of BM's Seven existing BTL products are reducing by up to 0.20%
Intelligent finance is also reducing 15 out of its 22 tracker products by up to 0.30%.