Santander has revealed it will be increasing rates on its product transfer deals by up to 20 basis points tomorrow.

The lender says the price rises will apply to selected fixed and tracker rates up to 90 per cent loan-to-value.

However, Santander has not given details of the new rates as it says that product transfer deals are personalised for individual customer.

Meanwhile, Coventry for intermediaries says it will be launching a number of residential remortgage, product transfer and further advance deals on Thursday at up to 75 per cent LTV.

The lender has yet to publish details of the new rates.

Platform has also written to brokers with a criteria update.

The intermediary arm of Co-operative Bank has removed the £500,000 maximum loan limit for borrowers to qualify for its fees assisted remortgages.