The rate cuts are across residential, remortgage and buy-to-let products
Santander has reduced fixed rates on selected residential purchase mortgages, remortgages and buy-to-let products by between 0.03% and 0.32%.
The rate changes include:
- 60% LTV five year fixed rate residential purchase mortgage with a £999 product fee is now priced at 4.39%, down from 4.64%.
- 75% LTV five year fixed rate residential purchase mortgage with a £999 product fee is now priced at 4.51%, down from 4.74%.
- 85% LTV five year fixed rate residential purchase mortgage with a £999 product fee is now priced at 4.76%, down from 4.91%.
- 90% LTV five fixed rate residential purchase mortgage with a £999 product fee is now priced at 4.89%, down from 4.99%.
- Examples of buy-to-let products that have been reduced include:
- 60% LTV five year fixed rate buy-to-let remortgage or purchase mortgage with a £1,749 product fee is now priced at 4.71%, down from 4.89%.
- 75% LTV five year fixed rate buy-to-let remortgage or purchase mortgage with a £1,749 product fee is now priced at 4.92%, down from 5.07%.
Santander offers a range of personal and commercial financial products and services, with around 14 million active customers and 7 million digital customers.
