Santander cuts all residential and buy-to-let rates by up to 0.36%

All new business and product transfer fixed rates will reduce by up to 0.36%.

Related topics:  Mortgages,  Buy-to-let
Rozi Jones | Editor, Financial Reporter
31st October 2024
Santander sign

Santander has announced reductions across all of its residential and buy-to-let mortgage rates, reintroducing a number of sub-4% fixed rates.

All new business and product transfer fixed rates will reduce by up to 0.36%, reversing increases of up to 0.20% across most of the lender's residential and buy-to-let products last week

All standard residential fixed rates across the purchase, remortgage and green ranges are decreasing by up to 0.30%, with the lowest rate on offer a five-year fixed rate purchase product at 3.87% up to 60% LTV.

Large loan rates will decrease by 0.15% and all new build rates by up to 0.36%.

In addition, all buy-to-let fixed rates, including green products, are reducing by up to 0.20%.

In Santander's product transfer range, all residential rates will fall by up to 0.30% and all buy-to-let rates by up to 0.20%.

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