Two of the lender’s Help to Buy mortgage guarantee products have been re-priced. The two-year fixed rate product will increase from 5.24% to 5.49% while the two-year tracker goes from 4.74% to 4.99%.
Santander has also increased its five-year fixed Help to Buy equity loan product from 3.44% to 3.64%. The product is available up to 75% LTV and has no booking fee.
The changes come into effect on Monday 2 June.
The lender has also introduced a five-year fixed buy-to-let product at 70% LTV with a 4.14% rate and £1,495 booking fee. Santander said the product is targeted at non-professional landlords with seven properties or fewer.
Leeds Building Society has also made changes to its buy-to-let, holiday let and shared ownership mortgages.
Products include a two-year fixed rate fees assisted buy-to-let mortgage at 3.65%, reduced from 3.94%, and available up to 70% LTV.
A two-year fixed rate fees assisted holiday let mortgage is reduced from 3.79% to 3.49%, available up to 60% LTV, while a three-year shared ownership fix is lowered from 4.99% to 4.69%, allowed up to 95% of the borrower’s 75% share of the property.
“We keep our range of mortgages under constant review and are pleased to have been able to reduce rates on a selection of products to make them even more competitive,” said Kim Rebecchi, sales and marketing director at Leeds Building Society.
