Santander UK has today made reductions of up to 0.29% to selected fixed rates across its purchase, remortgage, green mortgage, and buy-to-let ranges, with rates now starting from 3.68%.
The full list of new rates can be found online here.
Examples of residential remortgage rates that have been reduced include:
- 60% LTV two-year fixed rate residential remortgage with £999 product fee is now priced at 3.99%, down from 4.20%.
- 60% LTV two-year fixed rate residential remortgage with no product fee is now priced at 4.29%, down from 4.58%.
- 60% LTV three-year fixed rate residential remortgage with £999 product fee is now priced at 3.99%, down from 4.24%.
- 75% LTV five-year fixed rate residential remortgage with no product fee is now priced at 4.16%, down from 4.31%.
Examples of residential purchase rates that have been reduced include:
- 60% LTV two-year fixed rate residential purchase mortgage with £999 purchase fee is now priced at 3.84%, down from 3.99%.
- 60% LTV five-year fixed rate residential purchase mortgage with £999 purchase fee is now priced at 3.68%, down from 3.80%.
- 95% LTV five-year fixed rate residential purchase mortgage with no purchase fee and a £250 cashback is now priced at 5.09%, down from 5.14%.
Examples of new build rates that have been reduced include:
- 75% LTV 3-year fixed rate new build exclusive purchase with a £999 purchase fee is now priced at 3.99%, down from 4.14%.
- 95% LTV 3-year fixed rate new build exclusive purchase with no purchase fee and a £250 cashback is now priced at 5.58%, down from 5.63%.
Examples of green mortgage rates that have been reduced include:
- 60% LTV two-year fixed rate green remortgage with no product fee is now priced at 4.19%, down from 4.48%.
- 75% LTV five-year fixed rate green buy-to-let remortgage with a £1749 product fee is now priced at 3.98%, down from 4.12%.
Examples of buy-to-let rates that have been reduced include:
- 60% LTV two-year fixed rate buy-to-let remortgage with a £1749 product fee is now priced at 4.26%, down from 4.38%.
- 60% LTV five-year fixed rate buy-to-let mortgage with a £1749 purchase fee is now priced at 3.97%, down from 4.14%.