Four of Britain’s biggest lenders cut rates on fixed mortgage deals

Halifax, HSBC, Nationwide and TSB reduce rates, easing pressure on hard-pressed homeowners

Four of Britain's biggest lenders have cut rates on their fixed mortgage deals, easing some of the pressure on hard-pressed homeowners.

Halifax, part of Lloyds Banking Group - the UK's biggest mortgage lender - is reducing rates by up to 0.71 percentage points from Friday. That means a five-year fixed rate currently priced at 6.10% will be offered at a rate of 5.39%.