Santander has brought out a sub-five per cent residential fixed rates and lowered residential and buy-to-let fixed rates in its new business and product transfer ranges.
The changes will come into force from tomorrow.
On the new business side, the lender has added a five-year fixed purchase rate at 60 per cent loan to value (LTV) at 4.95 per cent with a £999 fee.
The firm has also released a two-year fixed purchase rate at 60 per cent LTV at 5.43 per cent with £999 fee.
Santander has cut all standard residential fixed rates by between 0.03 per cent and 0.33 per cent and all new build exclusive fixed rates have fallen by 0.03 per cent and 0.23 per cent.
All residential large loan exclusive fixed rates are decreasing by between 0.47 per cent and 0.5 per cent and all buy-to-let fixed rates have gone down by around 0.26 per cent and 0.35 per cent.
Within its product transfer range, all residential fixed rates are decreasing between 0.1 per cent and 0.36 per cent and all buy-to-let fixed rates are falling by between 0.05 per cent and 0.45 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.
