The changes will come into effect from 19 September.
On the residential homemover side, including new-build deals, all 75% loan-to-value (LTV) two-year fixed rates will rise by up to 0.08% and selected 60%, 75% and all 90% LTV five-year fixed rates will increase by up to 0.06%.
All Santander’s first-time buyer – including new build – two-year fixed rates at 85% LTV will go up by up to 0.13%, while all two- and five-year fixed rates at 95% LTV will rise by up to 0.1%.
Selected residential remortgage two- and three-year fixed rates between 60% and 75% LTV will increase by up to 0.04% and all five-year fixed rates from 60% to 75% LTV will go up by up to 0.05%.
The lender will also up all two-year fixed buy-to-let (BTL) remortgage rates from 60% to 65% LTV by up to 0.06%. All 60% LTV five-year fixed rates will rise by up to 0.05%.
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Santander added that it would withdraw selected fixed rates, including all two-, three- and five-year fixed rates between 60% and 75% LTV, 10-year fixed rates and all two-year tracker rates from 60% to 75% LTV.
The firm will also withdraw all two-, three- and five-year first-time buyer new-build rates from 60% to 75% LTV and two-year tracker rates from 60% to 75% LTV.
Last week, the bank also made increases to selected rates.
TSB ups resi rates
TSB will increase selected residential rates by up to 0.15%, including purchase and shared ownership rates.
The changes will come into effect from 18 September.
The lender will up its two-, three- and five-year fixed house purchase rates between 90% and 95% LTV by up to 0.15%.
TSB will also increase its two- and five-year fixed shared ownership and shared equity house purchase rates from 90% to 95% LTV, which will rise by around 0.15%.
