The i - Halifax among lenders upping mortgage deals despite expected interest-rate cut

Aaron Strutt Image

Halifax is increasing several of its mortgage rates, following other major lenders upping theirs.

The UK’s biggest lender is upping several of its fixed rates for first time buyers and movers by 0.2 per cent while increasing its three-year fixed rate remortgage products by up to 0.15 per cent.

Aaron Strutt of brokers Trinity Financial said: “It is quite surprising that many more of the lenders have not pushed their rates up based on the economic uncertainty we have had recently. We still have access to rates like Nationwide’s 4.17 per cent two-year fix and NatWest’s 4.07 per cent five-year fix.”

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