Mortgage Introducer - Halifax slashes mortgage rates as lenders step up price war
Mortgage lending giant Halifax is set to reduce pricing across parts of its mortgage range, effective from Friday, Jan. 9, as lenders continue to adjust rates in response to stronger competition at the start of the year.
For Aaron Strutt, communications director at mortgage and protection broker Trinity Financial, the move reflects a wider trend of early-year repricing by the high street banks. “Halifax is lowering its rates now that two of its main competitors have made pricing improvements,” he said.
“All these price cuts so early in the year are good news for borrowers, especially those keen to get on the property ladder or remortgage.”
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