The changes out today include a 2.34% 60% LTV loan offered between £300,000 and £1m with a £1,499 fee. The lender has also cut an 85% LTV five-year fixed rate mortgage by 0.30% to 4.69% with a £999 fee.

Ian Wilson, head of sales at Halifax Intermediaries, said: “Our products are continuing to make home ownership a reality for many first time buyers and assisting homemovers take the next step up the ladder.

“These are the fourth successive rate reductions we have announced since the start of the year. This highlights our lending appetite, further highlighting our commitment to the intermediary sector.”