Mortgage Rates
Halifax Cuts First-time buyer Rates but Raises Remortgage Deals
Halifax mortgage rates changed across 44 tracked product rows. The largest movement was 15 basis points on a 2-year fixed Remortgage rate at 60% LTV.
What changed in the lender update
Halifax changed 98 tracked mortgage terms in its 2026-10-21 update. The largest movement affected the 2-year fixed rate on Remortgage at 60% LTV: it rose from 4.88% to 5.03%, a 15 basis-point increase.
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.
Rates observed 2026-10-21: Mortgage rates may have changed since this article was published. View the latest rates on the relevant lender page or mortgage comparison.
The significant mortgage-rate movements
The supported old-to-new movements are listed below.
| Borrower type | Product | Term | LTV | Previous | New | Movement | Fee |
|---|---|---|---|---|---|---|---|
| Remortgage | Remortgage | 2-year fixed | 60% | 4.88% | 5.03% | +15bps | £999 fee |
| Remortgage | Remortgage | 2-year fixed | 60% | 5.34% | 5.49% | +15bps | £0 fee |
| First-time buyer | First Time Buyer | tracker | 90% | 4.67% | 4.55% | -12bps | £1,499 fee |
| First-time buyer | First Time Buyer | tracker | 90% | 4.67% | 4.55% | -12bps | £999 fee |
| First-time buyer | First Time Buyer | tracker | 90% | 4.67% | 4.55% | -12bps | £0 fee |
| New purchase | New Purchase | tracker | 90% | 4.67% | 4.55% | -12bps | £1,499 fee |
| New purchase | New Purchase | tracker | 90% | 4.67% | 4.55% | -12bps | £999 fee |
| New purchase | New Purchase | tracker | 90% | 4.67% | 4.55% | -12bps | £0 fee |
| Remortgage | Remortgage | 5-year fixed | 60% | 4.94% | 5.06% | +12bps | £999 fee |
| Remortgage | Remortgage | 5-year fixed | 60% | 5.15% | 5.27% | +12bps | £0 fee |
| First-time buyer | First Time Buyer | tracker | 85% | 4.36% | 4.25% | -11bps | £1,499 fee |
| First-time buyer | First Time Buyer | tracker | 85% | 4.36% | 4.25% | -11bps | £999 fee |
| First-time buyer | First Time Buyer | tracker | 85% | 4.36% | 4.25% | -11bps | £0 fee |
| New purchase | New Purchase | tracker | 85% | 4.36% | 4.25% | -11bps | £1,499 fee |
| New purchase | New Purchase | tracker | 85% | 4.36% | 4.25% | -11bps | £999 fee |
| New purchase | New Purchase | tracker | 85% | 4.36% | 4.25% | -11bps | £0 fee |
| Remortgage | Remortgage | 2-year fixed | 80% | 5.14% | 5.24% | +10bps | £999 fee |
| Remortgage | Remortgage | 2-year fixed | 80% | 5.60% | 5.70% | +10bps | £0 fee |
| First-time buyer | First Time Buyer | tracker | 80% | 4.23% | 4.14% | -9bps | £1,499 fee |
| First-time buyer | First Time Buyer | tracker | 80% | 4.23% | 4.14% | -9bps | £999 fee |
| First-time buyer | First Time Buyer | tracker | 80% | 4.23% | 4.14% | -9bps | £0 fee |
| New purchase | New Purchase | tracker | 80% | 4.23% | 4.14% | -9bps | £1,499 fee |
| New purchase | New Purchase | tracker | 80% | 4.23% | 4.14% | -9bps | £999 fee |
| New purchase | New Purchase | tracker | 80% | 4.23% | 4.14% | -9bps | £0 fee |
| First-time buyer | First Time Buyer | 5-year fixed | 60% | 4.86% | 4.78% | -8bps | £999 fee |
| First-time buyer | First Time Buyer | 5-year fixed | 60% | 4.93% | 4.85% | -8bps | £0 fee |
| First-time buyer | First Time Buyer | 5-year fixed | 75% | 5.22% | 5.14% | -8bps | £1,999 fee |
| First-time buyer | First Time Buyer | 5-year fixed | 75% | 4.97% | 4.89% | -8bps | £999 fee |
| First-time buyer | First Time Buyer | 5-year fixed | 75% | 5.04% | 4.96% | -8bps | £0 fee |
| First-time buyer | First Time Buyer | 2-year fixed | 85% | 5.06% | 4.98% | -8bps | £999 fee |
| First-time buyer | First Time Buyer | 2-year fixed | 85% | 5.23% | 5.15% | -8bps | £0 fee |
| New purchase | New Purchase | 5-year fixed | 60% | 4.86% | 4.78% | -8bps | £999 fee |
| New purchase | New Purchase | 5-year fixed | 60% | 4.93% | 4.85% | -8bps | £0 fee |
| New purchase | New Purchase | 5-year fixed | 75% | 5.22% | 5.14% | -8bps | £1,999 fee |
| New purchase | New Purchase | 5-year fixed | 75% | 4.97% | 4.89% | -8bps | £999 fee |
| New purchase | New Purchase | 5-year fixed | 75% | 5.04% | 4.96% | -8bps | £0 fee |
| New purchase | New Purchase | 2-year fixed | 85% | 5.06% | 4.98% | -8bps | £999 fee |
| New purchase | New Purchase | 2-year fixed | 85% | 5.23% | 5.15% | -8bps | £0 fee |
| Remortgage | Remortgage | 2-year fixed | 75% | 5.03% | 5.11% | +8bps | £999 fee |
| Remortgage | Remortgage | 2-year fixed | 75% | 5.49% | 5.57% | +8bps | £0 fee |
| Remortgage | Remortgage | 2-year fixed | 85% | 5.17% | 5.25% | +8bps | £999 fee |
| Remortgage | Remortgage | 2-year fixed | 85% | 5.63% | 5.71% | +8bps | £0 fee |
| First-time buyer | First Time Buyer | tracker | 60% | 4.06% | 3.99% | -7bps | £1,499 fee |
| First-time buyer | First Time Buyer | tracker | 60% | 4.06% | 3.99% | -7bps | £999 fee |
| First-time buyer | First Time Buyer | tracker | 60% | 4.06% | 3.99% | -7bps | £0 fee |
| New purchase | New Purchase | tracker | 60% | 4.06% | 3.99% | -7bps | £1,499 fee |
| New purchase | New Purchase | tracker | 60% | 4.06% | 3.99% | -7bps | £999 fee |
| New purchase | New Purchase | tracker | 60% | 4.06% | 3.99% | -7bps | £0 fee |
| Remortgage | Remortgage | 5-year fixed | 75% | 5.08% | 5.15% | +7bps | £999 fee |
| Remortgage | Remortgage | 5-year fixed | 75% | 5.29% | 5.36% | +7bps | £0 fee |
| Remortgage | Remortgage | 5-year fixed | 80% | 5.19% | 5.26% | +7bps | £999 fee |
| Remortgage | Remortgage | 5-year fixed | 80% | 5.40% | 5.47% | +7bps | £0 fee |
| Remortgage | Remortgage | 5-year fixed | 85% | 5.22% | 5.29% | +7bps | £999 fee |
| Remortgage | Remortgage | 5-year fixed | 85% | 5.43% | 5.50% | +7bps | £0 fee |
| Remortgage | Remortgage | 5-year fixed | 90% | 5.27% | 5.34% | +7bps | £999 fee |
| Remortgage | Remortgage | 5-year fixed | 90% | 5.48% | 5.55% | +7bps | £0 fee |
| First-time buyer | First Time Buyer | 2-year fixed | 80% | 5.00% | 4.95% | -5bps | £999 fee |
| First-time buyer | First Time Buyer | 5-year fixed | 80% | 5.02% | 4.97% | -5bps | £999 fee |
| First-time buyer | First Time Buyer | 2-year fixed | 80% | 5.17% | 5.12% | -5bps | £0 fee |
| First-time buyer | First Time Buyer | 5-year fixed | 80% | 5.09% | 5.04% | -5bps | £0 fee |
| First-time buyer | First Time Buyer | 5-year fixed | 85% | 5.03% | 4.98% | -5bps | £999 fee |
| First-time buyer | First Time Buyer | 5-year fixed | 85% | 5.10% | 5.05% | -5bps | £0 fee |
| First-time buyer | First Time Buyer | 2-year fixed | 90% | 5.13% | 5.18% | +5bps | £999 fee |
| First-time buyer | First Time Buyer | 5-year fixed | 90% | 5.14% | 5.19% | +5bps | £999 fee |
| First-time buyer | First Time Buyer | 2-year fixed | 90% | 5.30% | 5.35% | +5bps | £0 fee |
| First-time buyer | First Time Buyer | 5-year fixed | 90% | 5.21% | 5.26% | +5bps | £0 fee |
| New purchase | New Purchase | 2-year fixed | 80% | 5.00% | 4.95% | -5bps | £999 fee |
| New purchase | New Purchase | 5-year fixed | 80% | 5.02% | 4.97% | -5bps | £999 fee |
| New purchase | New Purchase | 2-year fixed | 80% | 5.17% | 5.12% | -5bps | £0 fee |
| New purchase | New Purchase | 5-year fixed | 80% | 5.09% | 5.04% | -5bps | £0 fee |
| New purchase | New Purchase | 5-year fixed | 85% | 5.03% | 4.98% | -5bps | £999 fee |
| New purchase | New Purchase | 5-year fixed | 85% | 5.10% | 5.05% | -5bps | £0 fee |
| New purchase | New Purchase | 2-year fixed | 90% | 5.13% | 5.18% | +5bps | £999 fee |
| New purchase | New Purchase | 5-year fixed | 90% | 5.14% | 5.19% | +5bps | £999 fee |
| New purchase | New Purchase | 2-year fixed | 90% | 5.30% | 5.35% | +5bps | £0 fee |
| New purchase | New Purchase | 5-year fixed | 90% | 5.21% | 5.26% | +5bps | £0 fee |
| Remortgage | Remortgage | 2-year fixed | 90% | 5.28% | 5.33% | +5bps | £999 fee |
| Remortgage | Remortgage | 2-year fixed | 90% | 5.74% | 5.79% | +5bps | £0 fee |
| First-time buyer | First Time Buyer | 2-year fixed | 75% | 5.17% | 5.13% | -4bps | £1,999 fee |
| First-time buyer | First Time Buyer | tracker | 75% | 4.18% | 4.14% | -4bps | £1,999 fee |
| First-time buyer | First Time Buyer | 2-year fixed | 75% | 4.92% | 4.88% | -4bps | £999 fee |
| First-time buyer | First Time Buyer | tracker | 75% | 4.18% | 4.14% | -4bps | £999 fee |
| First-time buyer | First Time Buyer | 2-year fixed | 75% | 5.09% | 5.05% | -4bps | £0 fee |
| First-time buyer | First Time Buyer | tracker | 75% | 4.18% | 4.14% | -4bps | £0 fee |
| First-time buyer | First Time Buyer | 2-year fixed | 95% | 5.54% | 5.50% | -4bps | £999 fee |
| First-time buyer | First Time Buyer | 2-year fixed | 95% | 5.71% | 5.67% | -4bps | £0 fee |
| New purchase | New Purchase | 2-year fixed | 75% | 5.17% | 5.13% | -4bps | £1,999 fee |
| New purchase | New Purchase | tracker | 75% | 4.18% | 4.14% | -4bps | £1,999 fee |
| New purchase | New Purchase | 2-year fixed | 75% | 4.92% | 4.88% | -4bps | £999 fee |
| New purchase | New Purchase | tracker | 75% | 4.18% | 4.14% | -4bps | £999 fee |
| New purchase | New Purchase | 2-year fixed | 75% | 5.09% | 5.05% | -4bps | £0 fee |
| New purchase | New Purchase | tracker | 75% | 4.18% | 4.14% | -4bps | £0 fee |
| New purchase | New Purchase | 2-year fixed | 95% | 5.54% | 5.50% | -4bps | £999 fee |
| New purchase | New Purchase | 2-year fixed | 95% | 5.71% | 5.67% | -4bps | £0 fee |
| First-time buyer | First Time Buyer | 2-year fixed | 60% | 4.81% | 4.78% | -3bps | £999 fee |
| First-time buyer | First Time Buyer | 2-year fixed | 60% | 4.98% | 4.95% | -3bps | £0 fee |
| New purchase | New Purchase | 2-year fixed | 60% | 4.81% | 4.78% | -3bps | £999 fee |
| New purchase | New Purchase | 2-year fixed | 60% | 4.98% | 4.95% | -3bps | £0 fee |
What the largest change means for repayments
On an illustrative £250,000 capital-and-interest repayment mortgage over 25 years, the change from 4.88% to 5.03% changes the estimated monthly repayment from £1444.05 to £1465.85. That is an increase of £21.80 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.
Like-for-like rate context
Remortgage, 60% LTV 2-year fixed
| Lender | Product | LTV | Term | Rate | Fee | Observed |
|---|---|---|---|---|---|---|
| Nationwide | Remortgage | 60% | 2-year fixed | 4.98% | £999 fee | 2026-09-30 |
| HSBC | Remortgage - Residential | 60% | 2-year fixed | 4.99% | £999 fee | 2026-10-20 |
| HSBC | RemortgageRange (Not available to - Energy Efficient | 60% | 2-year fixed | 4.99% | £999 fee | 2026-10-20 |
| HSBC | Remortgage BTL | 60% | 2-year fixed | 5.00% | £999 fee | 2026-10-20 |
| HSBC | Remortgage BTL - Energy Efficient | 60% | 2-year fixed | 5.00% | £999 fee | 2026-10-20 |
| Halifax | Remortgage | 60% | 2-year fixed | 5.03% | £999 fee | 2026-10-21 |
| Lloyds | Remortgage | 60% | 2-year fixed | 5.03% | £999 fee | 2026-10-21 |
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 |
|---|---|---|---|---|---|---|
| Nationwide | Remortgage | 60% | 2-year fixed | 5.19% | £0 fee | 2026-09-30 |
| HSBC | Remortgage - Residential | 60% | 2-year fixed | 5.34% | £0 fee | 2026-10-20 |
| HSBC | RemortgageRange (Not available to - Energy Efficient | 60% | 2-year fixed | 5.34% | £0 fee | 2026-10-20 |
| Santander | Remortgage | 60% | 2-year fixed | 5.35% | £0 fee | 2026-10-21 |
| HSBC | Remortgage BTL | 60% | 2-year fixed | 5.39% | £0 fee | 2026-10-20 |
| HSBC | Remortgage BTL - Energy Efficient | 60% | 2-year fixed | 5.39% | £0 fee | 2026-10-20 |
| NatWest | Remortgage | 60% | 2-year fixed | 5.44% | £0 fee | 2026-10-15 |
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.
First Time Buyer, 90% LTV tracker
| Lender | Product | LTV | Term | Rate | Fee | Observed |
|---|---|---|---|---|---|---|
| Halifax | First Time Buyer | 90% | tracker | 4.55% | £1,499 fee | 2026-10-21 |
| Lloyds | First Time Buyer | 90% | tracker | 4.55% | £1,499 fee | 2026-10-21 |
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.
Who is affected by this update
The affected borrowers depend on the product rows below. A 60% LTV product generally requires at least 40% equity or deposit, subject to lender criteria. Someone comparing this update should keep the borrower purpose (remortgage), 2-year fixed term, 60% 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.
How RateWatch verified the figures
RateWatch produced this article from 44 lender product rows carrying 98 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 2026-10-21.
Frequently Asked Questions
How much did Halifax change its mortgage rates?
The largest movement in this update was 15 basis points. The affected 2-year fixed remortgage rate at 60% LTV increased from 4.88% to 5.03%.
Which Halifax mortgage changed the most?
Remortgage at 60% LTV recorded the largest movement, affecting its 2-year fixed rate. Other products in the update may have moved by different amounts.
Did every Halifax 2-year fixed rate at 60% LTV change by 15bps?
No. RateWatch detected 98 term-level movements across 44 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 2026-10-21. 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.