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Santander raises mortgage rates for select borrowers with big deposits

Lana Clements
Written By:
Posted:
March 2, 2020
Updated:
March 2, 2020

Santander has raised rates on a number of mortgages at 60 and 75 per cent loan to value (LTV).

 

The lender increased the cost of select deals fixed for two-, three- and 10-years by up to 0.10 per cent.

At the same time, rates on a couple of two-year 90 per cent LTV offers have been cut by 0.05 per cent.

It means the lender now offers a two-year 60 per cent LTV at 1.34 per cent with a £999 fee, and at 1.64 per cent without a fee.

There are also increases to remortgage specials at 60 and 75 per cent LTV fixed for three and 10 years.

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The lower rate 90 per cent LTV is fixed for two years at 1.84 per cent with a £999 fee and at 2.34 per cent without a fee.