Santander announces increases to residential and buy-to-let rates
New business and product transfer fixed rates are seeing increases.
From tomorrow, 14th January, Santander is increasing selected new business residential fixed rates alongside product transfer residential and buy-to-let rates.
In Santander's residential home mover range, including new build, all 60% and 75% LTV three-year fixed rates are increasing by up to 0.10% and all 60% and 95% LTV five-year fixed rates are rising by up to 0.10%.
For first-time buyers, 90% and 95% LTV five-year fixed rates will rise by up to 0.06%.
Residential remortgage customers will see increases of up to 0.07% to 60% and 75% LTV five-year fixed rates.
In the lender's product transfer range, all residential 60% and 75% LTV five and seven-year fixed rates increasing by up to 0.07%. All buy-to-let 60% LTV two and five-year fixed rates are also rising by up to 0.06%.
There are no changes to tracker rates or Santander's new business large loan and buy-to-let ranges.
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