Halifax has lowered rates across its homebuyer, remortgage, product transfer and further advance range by up to 0.11%.
In an update to brokers, Halifax said that it would lower selected two- and five-year fixed rate homebuyer products by up to 0.09%. This range covers first-time buyer, large loans, new build and affordable housing products.
The changes came into effect from yesterday with this range.
The lender added that, from tomorrow, selected two- and five-year remortgage products will be cut by up to 0.11%, along with product transfer and further advance deals.
The firm added that complete by dates in both ranges have been extended by one month.
In March, Halifax announced plans to change the maximum working age on certain applications.
BM Solutions updates PT and further advance rates
BM Solutions said that, from tomorrow, there would be selected rate reductions across its product transfer and further advance range.
In a note to brokers, the lender said that it would be pricing its product transfer and further advance rates “dynamically to provide brokers and their clients with our most up-to-date PT/FA rates”.
“This will better reflect the current market, while providing the consistent and high-quality service that brokers trust us to deliver,” it added.
The lender will give notice of rate movements, and brokers will be able to view new products available for specific customers by logging onto the online portal.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
