Halifax is cutting rates tomorrow by up to 22 basis points, while Leeds Building Society and Kensington are making smaller reductions.
They join a wave of other lenders that have announced they are dropping prices tomorrow, including NatWest, TSB, Accord, Clydesdale and Bank of Ireland.
At Halifax the following rates are being cut:
- Selected remortgage rates will drop by up to 22bps
- Product transfer and further advance rates will go down by up to 17bps
- Home mover and first-time buyer rates will fall by up to 15bps
Leeds Building Society already cut some buy-to-let deals by up to 25bps on Wednesday.
Tomorrow the lender is trimming the following residential mortgage rates:
- Selected two, three and five-year rates for existing customers reduced by up to 13bps
- For new customers, selected two-year rates cut by up to 11bps
Kensington Mortgages has also announced reductions tomorrow by up to 15bps on some rates, as well as some new launches.
Full details of the changes are on its intermediary website.
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