The Help to Buy loan is a fee-free two-year tracker, at 95% LTV, reduced from 4.99% to 4.74%.
The other new products include a two-year tracker at 70% LTV, reduced from 2.19% to 2.14% with a £495 fee.
The lender has also cut its two-year tracker at 80% LTV from 3.29% to 2.84% with Core, Homebuyer & Remortgage Solutions, with a £495 fee.
SFI is also reducing rates on selected Existing Mover Exclusives by up to 0.25%.
• Two – year fixed at 75% LTV, reduced from 2.29% to 2.24% with a £995 fee
• Three – year fixed at 75% LTV, reduced from 3.04% to 2.79% with a £995 fee
• Two – year tracker at 70% LTV, reduced from 2.14% to 2.09% with a £495 fee
Brad Fordham, managing director of Santander for Intermediaries said: “We want to be the intermediary partner of choice and these latest improvements to our range support our commitment to the market by offering good value to their clients. As we move towards MMR, we want to reassure intermediaries that they can continue to expect great rates and quality service from SFI.”
