Santander UK has decreased rates by as much as 0.22% throughout its mortgage merchandise together with its residence mover, first time purchaser, new construct and remortgage vary.
Within the financial institution’s first-time purchaser vary, the 95% loan-to-value (LTV) five-year fastened charge with no price and £250 cashback might be decreased by 0.22% to 4.85%.
In addition, the 90% LTV two-year fastened charge with no price and £250 has been lower by 0.15% to 4.73%.
It has additionally lower the rates on residence mover merchandise together with the 90% LTV two-year fastened charge from 4.85% to 4.73% as effectively as the 95% LTV five-year fastened charge from 4.90% to 4.78%. Both include no price and £250 cashback.
Remortgage rates have been lowered by as much as 0.10% with the 90% LTV two-year fastened charge with a price of £999 now 4.79% from 4.89%.
It has additionally lower the 60% LTV five-year fastened charge with a price of £999 from 4.03% to three.96%.
New construct unique merchandise for FTBs have been lower by as much as 0.22% together with the 95% LTV five-year fastened charge with no price and £250 cashback, which now has a charge of 4.85%.
In the identical vary, the 90% LTV two-year fastened charge with a price of £999 and £250 has additionally been trimmed by 0.15% to 4.47%.
And new construct unique merchandise for residence movers have been lowered by 0.12%.
The two-year fastened charge has been lower to 4.73% whereas the five-year equal has been lowered to 4.78%. Both haven’t any charges and embody £250 cashback.
Earlier this month, Santander launched a buy-to-let (BTL) remortgage vary and lowered rates by 0.15% on all 60%, 65% and 75% LTV fixes.
