Santander UK reduces all buy to let and selected residential mortgage rates by up to 0.16%

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Santander UK has today made further reductions to its mortgage portfolio across selected residential rates for remortgage clients, and announced cuts across all its buy to let rates.

The full list of new rates can be found online here.

The residential rate changes include:

  • 60% LTV two year fixed rate, remortgage only with a £999 fee is now priced at 4.39%, down from 4.49%.
  • 60% LTV three year fixed rate, remortgage only with a £999 fee is now priced at 4.39%, down from 4.44%.
  • 60% LTV five year fixed rate remortgage only with £0 fee is now priced at 4.19%, down from 4.24%
  • 75% LTV two year fixed rate, remortgage only with a £999 fee is now priced at 4.53%, down from 4.69%.

Examples of buy to let products that have been reduced include:

  • 60% LTV two year fixed rate for purchase and remortgage with a £1749 fee is now priced at 4.49%, down from 4.64%.
  • 60% LTV five year fixed rate for purchase and remortgage with £1749 fee is now priced at 4.25%, down from 4.40%.
  • 75% LTV two year fixed rate, for purchase and remortgage with £0 fee is now priced at 5.28%, down from 5.38%.
  • 75% LTV five year fixed rate, for purchase and remortgage with £0 fee is now priced at 4.77%, down from 4.87%.

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