Related topic: Halifax

Halifax’s FMA will be delivered via Submissions Brain and will save brokers an average of 30 minutes on every application.

The bank has lowered the minimum income for non-UK applicants.

Northern Ireland continues to be the strongest performing region, with price rises of 9.3% over the past year.

90% LTV products have seen the largest rate cuts.

Rate reductions cover residential purchase and buy-to-let purchase and remortgage.

The lender has also trimmed purchase rates by up to 0.09%.

The lender has reduced mortgage rates by up to 0.21%.

A typical household could potentially borrow £38,000 more.

Higher-LTV fixed rates have seen the largest reductions.

Two-year fixed rates will benefit from the latest round of reductions.