Lifeline for home buyers as Halifax joins rush to cut mortgage rates | Personal Finance | Finance
Halifax has joined other leading lenders in cutting mortgage rates to under 4 percent in a move that is expected to drive up sales.
Earlier this week, Barclays, HSBC, NatWest and Nationwide shaved interest rates on their market-leading home loans to take them under 4 percent.
Currently, these deals are only available to buyers with large deposits and many come with big application fees. However, there are hopes they will feed through to the wider mortgage market in the coming days.
The new…
