Halifax makes further reductions to mortgage rates

Halifax, UK mortgage lender, has made a number of reductions to its mortgage rates. This is the 14th set of rate reductions to the Halifax range so far this year.

This week, Halifax has reduced 31 of its rates by up to 0.40% across its fixed and tracker products. In addition to this, a number of new 0-60% loan to value products have been launched, including a two year fixed rate at 5.59%.

Effective from the 30th August, BM Solutions and Intelligent Finance are also reducing some of their mortgage rates. Across the Group, 41 mortgage products are decreasing and there will be no increases.

Halifax

Rates reducing by up to 0.40%

BM Solutions mortgage rates that are changing include:

A number of Buy to Let products reducing by up to 0.50%
Reductions of up to 0.30% on Self Cert products

Intelligent Finance is also reducing a number of its offset products:

Offset fixed rates reduced by up to 0.60%, trackers by 0.55%
Also launching is a new offset term tracker product at 6.09%