Business Halifax , the country’s largest mortgage lender, has slashed the interest rates on a number of its deals , fuelling hopes that home loan costs will continue to come down in 2024. Halifax cut rates on a number of its products by as much as 0.92%, while other lenders also owned by Lloyds Banking Group , such as Scottish Widows and BM Solutions, cut their own prices too. Imogen Sporle, head of property at Finanze, said: “As we suspected, the New Year will bring new opportunities and a new impetus for lenders to take a lead in stimulating business. “Regardless of the economic forecasts, lenders need to move money and the only…
Mortgage rates look set to keep falling in 2024 as Halifax slashes prices
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