Halifax has cut selected residential rates by up to 11 basis points, while Market Harborough Building Society has reduced some of its home and landlord prices by as much as 20bps.

Highlights of the moves at Halifax include cuts of up to 9bps among two- and five-year homebuyer products, including first-time buyer, large loans, new build and affordable housing – shared equity/ shared ownership and the equivalent green home products.

Reductions of up to 11bps among two- and five-year remortgage products, including large loans, affordable housing – shared equity/shared ownership and equivalent green home products.

And cuts of up to 11bps among two- and five-year product transfer and further advance products.

Meanwhile, Market Harborough Building Society’s two- and three-year residential fixes are down by 20bps while five-year fixes are 15bps lower across its specialist range, including expat, let, holiday let and multi-generation loans. 

Its residential rates now start at 6.40% variable, and 5.45% fixed, for three years, up to 60% loan to value, with a £995 product fee. 

The lender’s range is tiered based on complexity, with the lowest tier including lending into retirement, joint borrower sole proprietor, second homes and simple annexe applications.