Halifax will lift selected residential product transfer, remortgage and other offers for the second time in a week, with rises as high as 32 basis points.
The lender says fixed-rate loans on its product transfer and further advance lending will lift by up to 32bps on two-year deals.
It adds that remortgage offers, including large loans, affordable housing – shared equity/shared ownership and equivalent green products, will lift by up to 17bps on two-year fixes.
The business warns brokers to secure existing product codes on its second round of price rises, applications must be submitted in full by 8pm on Thursday (14 March).
The move comes as Santander, the Co-operative Bank and NatWest all announced rate rises this week, as they adjust to City forecasts of a Bank of England rate cut in June, rather than in the spring, as many lenders had hoped.
The BoE base rate is 5.25% as the central bank battles to bring down inflation, at currently 4%, to the 2% target set by the Chancellor.
