AfI will also reduce rates on a selection of its three, four and five year fixed rates, with rates now starting from 4.45% and including the Homebuyer solution.
Commenting, a Santander spokesperson said: “Our latest rate reductions mean that intermediaries can now offer their clients an even more competitive range of two, three, four and five-year fixes, ideal for borrowers looking for the peace of mind provided by a fixed term product.
“These latest changes to the Abbey for Intermediaries product range provide brokers and their clients with even better deals to help meet their needs.”