Halifax has trimmed some residential rates by up to 10 basis points, while Santander has cut a selection of homeowner and landlord prices by up to 16bps.  

Halifax Intermediaries has lowered rates on its homemover, first-time buyer, remortgage and product transfer products.  

From tomorrow, homemover and FTB products will see rate reductions of up to 10bps of selected fixed-rate products. 

The lender also announced an extension of its completion dates for homemover, FTB, remortgage and product transfer products. 

Meanwhile, Santander will make fixed-rate reductions to its new business FTB, homemover and landlord ranges from Wednesday.  

Its FTB new build-only range is reducing by up to 16bps. This includes 85% loan-to-value five-year fixes, with a £999 fee and £250 cashback at 4.21%.  

The no-fee equivalent also reduces to 4.34%, with £250 cashback. 

The high-street lender will also reduce some two-, three- and five-year residential remortgage fixed rates by up to 10bps.  

BTL purchase and remortgage fixed rates reduce by up to 10bps. There are no changes to its large loan rates or trackers. 

For product transfers, most residential two-, three and five-year fixes also reduce by up to 10bps. There are no changes to tracker rates or BTL fixed rates. 

Highlights include: 

New business 

• Residential home mover — all 60-75% LTV 2 year and selected 85% LTV two- and three-year fixed rates reducing by 5bps. All 60-90% LTV five-year fixes reduce by up to 4bps

• BTL purchase – all 60-75% LTV two- and five-year fixes reducing by 10bps

Product transfers 

• Residential — all 75% LTV three-year and 80% LTV two- and five-year fixes reducing by up to 5bps. All 85% LTV two-, three- and five-year fixes reduce by up to 10bps