Santander for Intermediaries says it will cut selected new business residential fixed-rate loans by between 5 basis points and 50 basis points, and all buy-to-let fixed-rate offers by 5 basis points from tomorrow (26 October).  

The lender adds it is withdrawing its 95% loan to value two-year fixed-rate deal, although the 95% LTV two-year tracker and five-year fixed-rate offer remains.  

Among its product transfers, it has cut all residential five-year fixed rates by between 5 basis points and 25 basis points and will withdraw all seven-year fixed-rate loans. From tomorrow, product transfer rates will be available for customers whose existing deal ends before 5 March next year.  

Highlights among the lender’s residential purchase-only range include a 75% LTV five-year fixed-rate loan at 5.49%, with a £999 fee – reduced by 50 basis points.  

And a 90% LTV five-year fixed-rate deal at 6.04%, with no fee – reduced by 35 basis points.  

Highlights among the residential remortgage-only range include a 90% LTV five-year fixed-rate offer at 6.04%, with no fee – reduced by 25 basis points.  

And a 75% LTV five-year fixed-rate offer loan at 5.49%, with a £999 fee – reduced by 25 basis points.  

Highlights among the BTL remortgage-only range include a 75% LTV two-year fixed-rate deal at 6.34%, with no fee – reduced by 5 basis points.  

And among the BTL purchase and remortgage range is a 75% LTV two-year fixed-rate loan at 6.04%, with a £1499 fee – reduced by 5 basis points.  

Highlights among the Help to Buy range include a 75% LTV five-year fixed-rate offer at 5.79%, with a £999 fee – reduced by 25 basis points.  

And among the new build range is a 75% LTV two-and-a-half-year fixed rate loan at 6.19%, with no fee – reduced by 15 basis points.