Santander increases mortgage rates and withdraws first-time buyer products

Selected home mover, first-time buyer, remortgage and buy-to-let rates have increased by up to 0.13%.

Related topics:  Mortgage rates,  Santander
Rozi Jones | Editor, Financial Reporter
19th September 2025
Santander

Santander has withdrawn selected fixed rates for first-time buyers and increased other selected residential and buy-to-let fixed rates in its new business range. 

The first-time buyer products being withdrawn include all 60-75% LTV two, three and five-year fixed rates and all 60% LTV 10-year fixed rates. All 60-75% LTV two-year tracker rates will also be withdrawn. 

Selected home mover, first-time buyer, remortgage and buy-to-let rates have increased by up to 0.13%.

For residential home movers, including new build, all 75% LTV two-year fixed rates have increased by up to 0.08% and selected 60%, 75% and all 90% LTV five-year fixed rates have risen by up to 0.06%.

All 85% LTV two-year fixed rates for first-time buyers are increasing by up to 0.13% and all 95% LTV two and five-year fixed rates are rising by up to 0.10%.

In Santander's residential remortgage range, selected 60-75% LTV two and three-year fixed rates are up by 0.04% and all 60-75% LTV five-year fixed rates have increased by up to 0.05%.

Buy-to-let remortgage 60-65% LTV two-year rates have increased by up to 0.06% and all 60% LTV five-year fixed rates by 0.05%.

Santander confirmed there will be no changes to its large loan rates or product transfer range.

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