Santander has launched three-year residential fixed-rate deals and cut home and landlord loans by up to 25 basis points.
The high street bank’s three-year residential fix between 60% loan to value and 75% LTV, starts at 4.99%, with a £999 fee, or 5.25%, with no fee.
Highlights of its new business reductions include:
- Cut to most of its standard fixed rates across purchase and remortgage ranges by between 2bps and 22bps
- All residential large loan exclusive fixes reduced by between 10bps and 15bps
- Selected buy-to-let fixed rates reduced by between 5bps and 25bps
Highlights of its product transfer reductions include:
- Selected residential fixed rates reduced by between 5bps and 23bps
- Selected Buy to Let fixed rates reduced by between 5bps and 20bps
The bank adds that new business and product transfer completion deadlines will roll on by one month.
