Halifax Intermediaries is reducing fixed mortgage rates for homemovers and first-time buyers.
The lender will reduce rates by up to 0.15% across its fixed rate range for both homemovers and first-time buyers, in a further sign of incremental repricing across the market.
The changes apply to new business and will be reflected across Halifax Intermediaries’ product search tool, its online platform and external sourcing systems from the effective date.
Brokers seeking to secure existing product codes ahead of the repricing have been advised to submit fully packaged applications by 8pm on Thursday 23 April.
The move follows a series of small rate reductions from mainstream lenders in recent weeks, as pricing continues to adjust in response to shifting swap rates and competitive pressures in the purchase market.
While the latest cuts are modest, they may help support affordability for first-time buyers in particular, where even small pricing changes can influence borrowing capacity and monthly repayments.
