Within the residential home mover range, the biggest reduction was 0.2%.
The 90% LTV two-year fixed rate with a £1,499 fee and £250 cashback was reduced by 0.2% to 4.84%, while the equivalent £999 fee product fell to 4.89%. The 95% LTV two-year fixed rate with no fee was also reduced by 0.2% to 5.49%.
For first-time buyers, the 90% LTV two-year fixed rates saw the biggest reductions, with the £999 fee option to 4.89% and the fee-free option reduced to 5.14% – both reduced by 0.25%.
Meanwhile, 85% LTV two-year fixed products were reduced by 0.24%.
The residential remortgage range saw more modest reductions, with the largest cut being 0.11%. This was applied to five-year fixed products, including the 60% LTV five-year fixed rate with a £1,499 fee, which was reduced to 4.71%. Two-year fixed remortgage products were reduced by up to 0.1%.
The next step towards a better home buying journey
Sponsored by Halifax Intermediaries
Across the new-build home mover range, the largest reduction was 0.25%, applied to 95% LTV 10-year fixed products, bringing the rate down to 5.70%. For 90% and 95% LTV options, reductions up to 0.2% applied.
Within the BTL purchase range, the largest cut was 0.13%. For instance, the 60% LTV two-year fixed rate with a £1,749 fee was reduced to 4.57%, while the equivalent 75% LTV product was reduced to 4.68%.
The BTL remortgage range saw the smallest adjustments, with all listed reductions at 0.05%. The 60% LTV two-year fixed rate with a £1,749 fee was reduced to 4.64%. Other two- and five-year fixed products across 60%, 65% and 75% LTV bands also received the same reduction.
