Halifax,NatWestand Saffron BS make rate changes

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Halifax will lift selected fixed-rate residential products by up to 13 basis points and trim loans by up to 5bps next week.  

Also, next week, NatWest trims high loan-to-value prices as Saffron Building Society pulls selected products and launches others. 

Rate changes at Halifax, which come to market on Monday 6 October, cover: 

Homemovers and first-time buyers 

  • Rate increases of up to 13bps on selected fixes and decreases of up to 5bps on selected fixes 

Remortgages 

  • Rate increases of up to 11bps on selected fixed rate products 

Product transfers and further advances 

  • Rate increases of up to 11bps on selected fixes 

Meanwhile, NatWest says it will trim prices on selected 95% LTV new business purchase loans by 4bps on Monday. 

This covers: 

  • Two-year 95% LTV purchase fixes down by 4bps to 4.93%, with no product fee  
  • Five-year 95% LTV purchase fixes down by 4bps to 4.85%, with no product fee 

Finally, Saffron Building Society’s broker-only arm, Saffron For Intermediaries, will withdraw and introduce selected loans across its owner-occupied, FTB, self-employed, contractor and limited company landlord ranges from Wednesday. 

New products include: 

Owner occupied 

  • Two-year 80% LTV fixes at 4.67%, with a £1,999 product fee 

First-time buyer  

  • Five-year 95% LTV fixes at 5.37%, with no product fee 

Limited company buy-to-let 

  • Five-year 75% LTV fixes at 5.07%, with a £2,500 product fee 

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