Halifax has cut rates across its 0-60% LTV two year fixed rate products for first-time buyers, homemovers and remortgage customers.

New deals include the following:

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

• 0-60% LTV 2 year fixed rate products have been reduced by 0.25 percentage points with rates from 1.59% (£1,995 fee)

Two-year fixed rate products for Shared Equity / Shared Ownership first-time buyer, homemover and remortgage customers:

• 2 year fixed rate products for Shared Equity / Shared Ownership for homemovers and first-time buyers reduced by up to 0.6 percentage points, with rates from 2.94% (£495 fee)
• 2 year fixed rate products for remortgage customers (own conveyancer) reduced by up to 0.6 percentage points, with rates from 3.04% (£495 fee)

Craig McKinlay, mortgage director at Halifax, said: “We’ve seen a strong start to the year in terms of activity in the market; affordability remains high and competition in the market is great for borrowers.

“These latest products are some of the most competitive Halifax has had in the last ten years and carry some of the lowest rates too.”