The bank is reportedly exploring a number of strategic options, one of which is exiting the British market.

New build, large loan and buy-to-let rates are among the rate increases.

The Bank has also introduced £250 cashback on high-LTV borrowing.

The Bank has also reintroduced 60% LTV green remortgage rates and new 60% and 75% LTV two-year fixes.

The bank is also launching a new range of two-year fixed rates.

The lender's buy-to-let affordability rates are reducing from today.

Customers applying for a Santander mortgage via a broker can track the real-time progress of their mortgage application through Edge Home.

Santander is the first Big Six lender to reintroduce a sub-4% two-year fixed rate this year.