Santander UK has reduced rates by up to 0.20% on selected fixes across its purchase, remortgage, buy-to-let (BTL) and new build ranges. 

Within the lender’s residential remortgage range, the 75% loan-to-value (LTV) two-year fix with a fee of £999 has been reduced from 4.89% to 4.77%.

The residential purchase 95% LTV two-year fix with no fee and £250 cashback is now priced at 5.95% down from 6.05%.

Examples of other rate cuts include: 

• 60% LTV 3-year fixed rate new build exclusive purchase with no purchase fee is now priced at 4.66%, down from 4.78%
• 60% LTV five-year fixed rate BTL remortgage with a £1,749 product fee is now priced at 4.37%, down from 4.50%

Yesterday, Santander launched an improved website for brokers.