Halifax is the fourth 'Big Six' lender to launch a five-year fixed rate below 4% this week.

Adviser confidence in outlook for the mortgage market, intermediary sector and own business all rose in Q1.

April has reduced rates by up to 0.10%.

Homeowner and buy-to-let properties in early arrears fell by 3% and 6% respectively. 

Five-year fixed rates and portfolio multi-loan products will reduce by 10bps.

New Leaf’s appointed representatives now have access to MFS’s entire product range.

The lender has reduced two, three and five-year fixes alongside tracker options.

42% of current homebuyers say high interest rates have impacted their mortgage affordability.

Although spending on rent and mortgage payments increased year-on-year, there was no change in the percentage of consumers concerned about housing costs.

Barclays has cut residential rates by up to 0.20%.