Santander reduces purchase mortgage rates by 0.20% Mortgage Strategy

Img

 Santander UK has reduced rates on select residential purchase mortgages by up to 0.20%.  

The rate changes, which come into effect today (7 Feb), include its two- and five-year fixed rates.

 

The new rates are as follows:

 

  • 60% LTV two year fixed rate residential purchase mortgage with a £999 product fee is now priced at 4.20%, down from 4.25%.
  • 75% LTV two year fixed rate residential purchase mortgage with a £999 product fee is now priced at 4.30%, down from 4.35%.
  • 90% LTV two year fixed rate residential purchase mortgage with a £999 product fee is now priced at 4.89%, down from 4.94%.
  • 60% LTV five year fixed rate residential purchase mortgage with a £999 purchase fee is now priced at 3.94%, down from 4.04%.
  • 75% LTV five year fixed rate residential purchase mortgage with a £999 purchase fee is now priced at 4.14%, down from 4.24%.
  • 90% LTV five year fixed rate residential purchase mortgage with no purchase fee is now priced at 4.64%, down from 4.84%.

More From Life Style