Mark Harris

Aug 10, 2023 | inkl.com | Chris Pitt |Emily Williams |Mark Harris

The cuts will take effect from Friday. Halifax is part of Lloyds Banking Group, which remained the UK’s biggest mortgage lender last year, lending £52.7 billion in 2022, according to figures from trade association UK Finance. First Direct said it has reduced rates across more than 20 of its two-, five- and 10-year fixed-rate mortgages by up to 0.20 percentage points, with immediate effect.

May 31, 2023 | inkl.com | Mark Harris |Karen Noye

Residential property sales were also 8% lower in April 2023 than in the previous month. HMRC’s report said the drop in sales between March and April “appears particularly large”.