Santander cuts most fixed rates by up to 0.28%

From tomorrow, Santander is reducing most fixed rates in its new business and product transfer ranges by up to 0.28%. 

A small number of fixed rates are increasing by up to 0.12% and the bank is also temporarily withdrawing its green remortgage range for residential and buy-to-let customers.

In its residential purchase range 60%, 75%, 90% and 95% LTV two-year and 75%, 85%, 90% and 95% LTV five-year fixed rates are down by up to 0.28%. 

The majority of Santander's remortgage 60%, 75% and 90% LTV two-year, 60%, 85% and 90% LTV five-year and 60% and 75% LTV 10-year fixed rates are reducing by up to 0.10%.

90% LTV three-year fixed rate new build rates are decreasing by up to 0.25% and 60% LTV two-year fixed rate large loan purchase and remortgage rates are down by up to 0.06%.

In Santander's buy-to-let range, selected purchase and remortgage rates will reduce by up to 0.16%.

As part of the changes, selected residential and buy-to-let rates have seen increases of up to 0.11%, with the largest hikes to buy-to-let remortgage rates.

In Santander's product transfer range, selected residential rates are reducing by up to 0.10% and selected buy-to-let rates are increasing by up to 0.12%.