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.