Halifax makes further reductions to mortgage range

Halifax, the UK's largest mortgage lender, has announced a further reduction to a selection of its mortgage products.

The new rates will be effective from Saturday 26th July. This will be the lender's ninth decrease in rates so far this year.

Bank of Scotland, the Group's large loan specialist is also making a number of reductions.

Across the Group, 45 mortgage products are decreasing.

Halifax
16 rates reducing by up to 0.30%

Bank of Scotland
29 rates reducing by up to 0.45%

In addition to the reductions in rate, a number of new products are being launched including a 10 year fixed rate and a number deals for customers borrowing over £500,000.