Santander will cut fixed rates across its new business and product transfer ranges by up to 0.2 per cent.
The changes will come into force tomorrow.
On the new business side, most purchase rates will decrease by between 0.04 per cent and 0.2 per cent, including larger loan rates.
The lender said that all new build rates would fall by at least 0.05 per cent and deals under 75 per cent loan to value (LTV) would go down by around 0.15 per cent or 0.2 per cent.
Santander added that selected remortgage rates would fall by between 0.08 per cent and 0.2 per cent.
The company added that its lowest on-sale rate will be its five-year fixed purchase rate at 60 per cent LTV with a rate of 3.94 per cent.
In its product transfer range selected fixed rates are falling by between 0.08 per cent and 0.2 per cent.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
