Mortgage Rates
Halifax Cuts 10-year fixed Rates but Raises 2-year fixed Deals
Halifax mortgage rates changed across 7 tracked product rows. The largest movement was 23 basis points on a 10-year fixed Remortgage rate at 75% LTV.
Summary of the change
Rates observed 2026-09-25: Mortgage rates may have changed since this article was published. View the latest rates on the relevant lender page or mortgage comparison.
Halifax changed 7 tracked mortgage terms in its 2026-09-25 update. The largest movement affected the 10-year fixed rate on Remortgage at 75% LTV: it fell from 5.67% to 5.44%, a 23 basis-point reduction.
That headline movement applies to the identified remortgage product, not automatically to every Halifax mortgage. RateWatch separates each borrower category, fixed or tracker term, LTV band and fee so the update remains a dated factual record rather than a lender-wide generalisation.
Old rates, new rates and fees
| Borrower type | Product | Term | LTV | Previous | New | Movement | Fee |
|---|---|---|---|---|---|---|---|
| Remortgage | Remortgage | 10-year fixed | 75% | 5.67% | 5.44% | -23bps | £0 fee |
| Remortgage | Remortgage | 10-year fixed | 75% | 5.46% | 5.27% | -19bps | £999 fee |
| Remortgage | Remortgage | 2-year fixed | 60% | 5.03% | 5.07% | +4bps | £1,499 fee |
| First-time buyer | First Time Buyer | 10-year fixed | 75% | 5.44% | 5.43% | -1bps | £999 fee |
| First-time buyer | First Time Buyer | 10-year fixed | 75% | 5.53% | 5.52% | -1bps | £0 fee |
| New purchase | New Purchase | 10-year fixed | 75% | 5.44% | 5.43% | -1bps | £999 fee |
| New purchase | New Purchase | 10-year fixed | 75% | 5.53% | 5.52% | -1bps | £0 fee |
Estimated payment effect
On an illustrative £250,000 capital-and-interest repayment mortgage over 25 years, the change from 5.67% to 5.44% changes the estimated monthly repayment from £1560.70 to £1526.27. That is a reduction of £34.43 per month.
This calculation uses monthly repayments and assumes the stated rate applies throughout the illustration. It excludes arrangement fees, incentives, valuation costs, legal costs, insurance, early-repayment charges and individual affordability or eligibility decisions. It is an illustration of the rate movement, not a mortgage quote or advice.
Comparison on matching product terms
Remortgage, 75% LTV 10-year fixed
| Lender | Product | LTV | Term | Rate | Fee | Observed |
|---|---|---|---|---|---|---|
| HSBC | Remortgage - Residential | 75% | 10-year fixed | 5.41% | £0 fee | 2026-09-23 |
| HSBC | RemortgageRange (Not available to - Energy Efficient | 75% | 10-year fixed | 5.41% | £0 fee | 2026-09-23 |
| Santander | Remortgage | 75% | 10-year fixed | 5.41% | £0 fee | 2026-09-23 |
| Nationwide | Remortgage | 75% | 10-year fixed | 5.44% | £0 fee | 2026-09-15 |
| Halifax | Remortgage | 75% | 10-year fixed | 5.44% | £0 fee | 2026-09-25 |
| Lloyds | Remortgage | 75% | 10-year fixed | 5.44% | £0 fee | 2026-09-25 |
| HSBC | International Remortgage - Residential | 75% | 10-year fixed | 5.81% | £0 fee | 2026-09-23 |
These rows keep borrower purpose, LTV and changed term aligned. Fees remain visible because a lower rate does not by itself establish a lower total cost.
Remortgage, 75% LTV 10-year fixed
| Lender | Product | LTV | Term | Rate | Fee | Observed |
|---|---|---|---|---|---|---|
| Santander | Remortgage | 75% | 10-year fixed | 5.26% | £999 fee | 2026-09-23 |
| Halifax | Remortgage | 75% | 10-year fixed | 5.27% | £999 fee | 2026-09-25 |
| Lloyds | Remortgage | 75% | 10-year fixed | 5.27% | £999 fee | 2026-09-25 |
| Nationwide | Remortgage | 75% | 10-year fixed | 5.39% | £999 fee | 2026-09-15 |
| HSBC | International Remortgage - Residential | 75% | 10-year fixed | 5.63% | £999 fee | 2026-09-23 |
These rows keep borrower purpose, LTV and changed term aligned. Fees remain visible because a lower rate does not by itself establish a lower total cost.
Remortgage, 60% LTV 2-year fixed
| Lender | Product | LTV | Term | Rate | Fee | Observed |
|---|---|---|---|---|---|---|
| Halifax | Remortgage | 60% | 2-year fixed | 5.07% | £1,499 fee | 2026-09-25 |
| Lloyds | Remortgage | 60% | 2-year fixed | 5.07% | £1,499 fee | 2026-09-25 |
| NatWest | Remortgage | 60% | 2-year fixed | 5.18% | £1,495 fee | 2026-09-17 |
| HSBC | Remortgage - Residential | 60% | 2-year fixed | 5.34% | £1,999 fee | 2026-09-23 |
These rows keep borrower purpose, LTV and changed term aligned. Fees remain visible because a lower rate does not by itself establish a lower total cost.
Borrower considerations
The affected borrowers depend on the product rows below. A 75% LTV product generally requires at least 25% equity or deposit, subject to lender criteria. Someone comparing this update should keep the borrower purpose (remortgage), 10-year fixed term, 75% LTV and fee structure aligned.
The largest basis-point movement is useful as a concise description of the update, but it does not replace a product-level comparison. A smaller movement on another row may be more relevant to a particular borrower, while a fee difference can outweigh a modest headline-rate difference over an initial deal period.
The source observations support the figures shown here. They do not establish why Halifax made the change, and this article does not attribute the movement to a market event or policy decision without lender evidence.
Methodology and limitations
RateWatch produced this article from 7 lender product rows carrying 7 supported term-level changes. This calculation method requires both a previous and a current numeric rate. The basis-point calculation is performed in application code by subtracting the old percentage rate from the new percentage rate and multiplying the difference by 100; generated prose is not allowed to invent that figure.
The comparison data is filtered by borrower category, LTV, term and fee tier before it is shown. Rows that do not satisfy those conditions are omitted rather than used to support a broader claim. RateWatch does not infer why Halifax changed its pricing and does not make comparative superlative or ranking claims. The source date remains attached to this historical report so later lender changes are not silently written back into it.
Readers should verify current availability, lending criteria and the total cost of a product before acting. The live lender and comparison pages are the appropriate place to check newer observations; this article preserves the change recorded on 2026-09-25.
Frequently Asked Questions
How much did Halifax change its mortgage rates?
The largest movement in this update was 23 basis points. The affected 10-year fixed remortgage rate at 75% LTV reduced from 5.67% to 5.44%.
Which Halifax mortgage changed the most?
Remortgage at 75% LTV recorded the largest movement, affecting its 10-year fixed rate. Other products in the update may have moved by different amounts.
Did every Halifax 10-year fixed rate at 75% LTV change by 23bps?
No. RateWatch detected 7 term-level movements across 7 tracked product rows. The table in this article lists each supported old-to-new movement separately.
When was the Halifax Remortgage change observed?
The rates in this article were observed for the lender update dated 2026-09-25. They are a historical snapshot and may no longer be the rates currently available.
Where can I check the latest Halifax Remortgage rates?
Use the linked RateWatch lender page or mortgage comparison to check the most recently captured rates, keeping the borrower category, term, LTV and fee aligned.