Santander will lower selected residential fixed and tracker rates in the new business and product transfer ranges, along with buy-to-let products, and is adding a range of three-year fixed buy-to-let deals.
The changes will come into force tomorrow.
On the new business side, certain standard residential fixed rates will reduce by between 0.06 per cent and 0.56 per cent.
Selected new build exclusive fixed rates will fall by around 0.27 per cent and 0.56 per cent.
All residential large loan exclusive fixed rates will do down by between 0.25 per cent and 0.30 per cent and all standard residential tracker rates are reducing by 0.10 per cent.
All buy-to-let fixed rates will decrease by between 0.10 per cent and 0.32 per cent.
The lender has also brought out new buy-to-let three-year fixed range up to 75 per cent loan to value (LTV) with or without a product fee.
Santander’s buy-to-let range with a £749 product fee is being withdrawn.
Within its product transfer range, selected residential fixed rates will go down by between 0.05 per cent and 0.35 per cent and selected residential tracker rates will fall by 0.10 per cent.
Selected buy-to-let fixed rates will decrease by 0.22 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.
