Borrowers will be able to borrow up to 4.5 times their income for gifting purposes.
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Matthew Ison and Andrew Peters have joined as associate directors of technical services.
The range has also been refreshed with increased affordability options.
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Rates have reduced by up to 0.30%.
Two-year fixed rate mortgages now start from 2.68%.
The Society has reduced residential rates by up to 0.52%.
The consortium formed private limited company Bidco for the purposes of the acquisition.
Halifax is the fourth 'Big Six' lender to launch a five-year fixed rate below 4% this week.
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