Halifax Intermediaries has reduced rates by up to 0.4 percentage points on its higher end loan to value (LTV) two and five-year fixed rates. 

New rates include:

Two-year fixed rate products for first-time buyers and homemovers:

• 85%-90% LTV two and five-year products reduced by 0.4 percentage points, with rates from 3.74% (£1,499 fee).

Two-year fixed rate products Affordable Housing (Shared Equity/Shared Ownership) for first-time buyers and homemovers:

• 80%-90% LTV two-year products reduced to 4.09% (£999 fee)*.

Ian Wilson, head of Halifax intermediaries, said: “Halifax Intermediaries is committed to providing competitive products and great service, and these latest rate reductions highlight our continued support for first-time buyers.

“Intermediaries expect great products backed up by the provision of great service, and that is what we aim to deliver.”