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Santander UK reduces selected fixed mortgage rates by up to 0.24% and launches new buy-to-let tracker products

by | Apr 16, 2024

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Santander UK has today made reductions to selected fixed rates across its purchase, remortgage, and buy-to-let range. It is also launching a range of new buy-to-let two-year tracker products, up to 75% LTV.

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

Examples of five-year fixed rates that have been reduced include:

 
 
  • 85% LTV five-year fixed rate residential purchase mortgage with no product fee is now priced at 4.79%, down from 4.89%.
  • 90% LTV five-year fixed rate residential purchase mortgage with no product fee is now priced at 4.99%, down from 5.23%.

Examples of two-year fixed rates that have been reduced include:

  • 85% LTV two-year fixed rate residential remortgage with a £999 fee is now priced at 5.58%, down from 5.73%.
  • 90% LTV two-year fixed rate residential remortgage with a £999 fee is now priced at 5.78%, down from 5.94%.

The new buy-to-let tracker range includes:

  • 60% LTV two-year tracker rate at 5.60% with a £1749 remortgage or purchase fee.
  • 75% LTV two-year tracker rate at 5.84% with a £1749 remortgage or purchase fee.

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