Will Halifax raise mortgage rates?

Sarah Coles
Halifax
Halifax

Sean Dempsey/PA Archive/Press Association Images

There's bad news for anyone on a standard variable rate mortgage, Halifax has raised the maximum level to which is is allowed to raise its SVR. It's an alarming sign that it could be about to raise rates, and there's every chance that it won't be the only one to do so.

So what does it mean for you?