HBOS brands to slash rates

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Halifax is set to cut rates on some of its mortgage products by up to 0.3%, it was announced today.

Bank of Scotland will also cut rates on 29 of its mortgage products by as much as 0.45%. The new rates will be available from 26 July, with several new products also joining the range. Examples of new products include a ten-year fixed rate from Halifax with a rate of 6.29%, while other deals will allow customers to borrow amounts of more than £500,000. If you would like to comment on this story, contact: John Bakie Tel: 020 7484 9805 e-mail: [email protected] IFAonline

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