Santander will launch a range of green remortgage fixed rate products for homeowners and landlords with energy performance certificates rated at A or B tomorrow (24 September).
The rates are 10 basis points lower than the equivalent standard remortgage rates.
But the high street bank stresses that the property being mortgaged must be on the government’s energy performance certificate register.
The move comes as the lender also withdraws its two-year buy-to-let new business and product transfer tracker rates.
Highlights of the firm’s changes include:
New business
- New residential green two- and five-year fixes for remortgages from 60% LTV to 85% LTV
- New BTL green two- and five-year fixes for remortgages from 60% LTV to 75% LTV
- Withdrawal of 75% LTV BTL two-year tracker rates
Product transfers
- Withdrawal of 75% LTV BTL two-year tracker rates
