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Evening Standard
Evening Standard
Business
Daniel O'Boyle

Brokers hope for ‘price war’ as UK’s biggest mortgage lender Halifax latest to cut interest rates

Halifax United Kingdom Interest Rates HSBC TSB

The UK’s biggest mortgage lender Halifax has become the latest to cut its mortgage rates, in yet another sign that prices are declining again after rising to 15-year highs.

Halifax will bring in new lower rates from Friday, following a wave of other lenders including HSBC, TSB and Nationwide lowering rates earlier this week. For HSBC, the price cut had been the second in just two weeks.

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