The i - Britain's biggest mortgage lender among four major banks cutting rates
Halifax is among multiple major mortgage lenders to cut rates on their home loans from Tuesday.
Britain’s biggest mortgage lenders have cut some rates by up to 0.1 percentage points. It is joined by Santander, HSBC and Barclays, which are all cutting rates this week.
Aaron Strutt, of Trinity Financial, told The i: “Competition between the big six lenders is intense so the longer they delay bringing down their rates the more business they will lose.
“Thankfully the cost of borrowing has been coming down again so they can lower their rates. Nationwide and Barclays have been offering many of the cheapest rates for a while and the other lenders are pushing to match them.”
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