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Santander ups new business rates and adds deals; Clydesdale launches exclusives – round-up

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  • 13/07/2023
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Santander ups new business rates and adds deals; Clydesdale launches exclusives – round-up
Santander will increase select new business residential and buy-to-let fixed rates and add residential fixed rate products from today.

In its new business range, residential purchase and remortgage fixed rates will rise by between 0.05 per cent and 0.3 per cent.

Buy-to-let fixed rates will go up by between 0.2 per cent and 0.35 per cent.

The lender had added two and five-year fixed rates exclusively for Santander mortgage customers moving home and residential two and five-year fixed rates for clients with large loans.

 

Clydesdale Bank adds remo and purchase exclusives

Clydesdale Bank has launched select remortgage and purchase exclusives and increased select rates by up to 0.3 per cent.

The lender has brought out a two-year fixed remortgage rate at 65 per cent loan to value (LTV) at 6.03 per cent, and a five-year fixed remortgage rate at the same LTV tier at 5.38 per cent.

On the purchase side, the firm has added a two-year fixed rate purchase exclusive at 90 per cent LTV at 6.05 per cent and a five-year fixed rate at the same LTV tier at 5.85 per cent.

Clydesdale has increased select exclusive remortgages at 75 and 80 per cent LTV by 0.1 per cent, with two-year fixed rates between 85 and 95 per cent LTV rising by around 0.3 per cent.

Five-year fixed rates between 85 and 95 per cent LTV will also increase by around 0.2 per cent.

On the buy-to-let side, two-year fixed rates and five-year fixed rates will go up by 0.3 per cent and 0.2 per cent respectively.

 

 

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