Santander for intermediaries will cut residential and landlord deals by up to 21 basis points, while LiveMore has reduced later life home loans by as much as 25bps. 

The high street bank’s broker-only unit says it will bring down selected new business purchase and remortgage residential and buy-to-let fixed-rates deals from tomorrow (28 March). 

Santander highlights include: 

• Selected residential fixes down by between 2bps and 21bps 
• Selected BTL fixes down by between 2bps and 12bps 

Meanwhile, LiveMore has reduced all retirement interest-only mortgages by 25bps, apart from its fixed-for-life retirement interest-only, which is down by 20bps from today (27 March). 

The later life lender adds that standard capital and interest, and standard interest-only mortgages are also down by 25bps.  

Its standard interest-only five-year fixed fee range now starts at 6.13%, while the firm’s 10-year fix begins at 6.03%. 

LiveMore has also cut lifetime mortgage — equity release — products by 20bps, with rates now starting at 6.38%.