Santander Update - Brilliant Solutions

View here for Santander’s latest announcements. Please remember that you can access Santander products, including semi-exclusive mortgages, through our direct to lender mortgage club which pays on completion. Contact us for more information. Visit Santander for Intermediaries website

On Friday 4 March, we’re making several changes across the new business range:

Re-introducing residential 60% LTV fixed rates.
Some 2 and 5 year fixed rate products will be matched at 60%, 75% and 85% LTV
Removing the £250 cashback from the majority of our residential purchase products (will become Homebuyer Free Valuation only)
All residential fixed rate remortgage products with no product fee are being temporarily withdrawn
Rate increases on selected products across the residential and Buy to Let ranges
LTV on Large Loan products is being reduced to 70%

New 60% LTV rates

Remortgage changes

Purchase changes

75% LTV, 2 year fixed rate, 2.09%, £999 fee, purchase – increased by 0.20%
75% LTV, 2 year fixed rate, 2.19%, £0 fee, purchase – increased by 0.10%
85% LTV, 2 year fixed rate, 2.14%, £999 fee, purchase – increased by 0.20%, £250 cashback removed
85% LTV, 2 year fixed rate, 2.24%, £0 fee, purchase – increased by 0.05%, £250 cashback removed
90% LTV, 2 year fixed rate, 2.19%, £999 fee, purchase – increased by 0.20%, £250 cashback removed
90% LTV, 2 year fixed rate, 2.29%, £0 fee, purchase – increased by 0.05%, £250 cashback removed
95% LTV, 2 year fixed rate, 2.74%, £0 fee, purchase – increased by 0.10%
75% LTV, 5 year fixed rate, 2.09%, £999 fee, purchase – increased by 0.15%
75% LTV, 5 year fixed rate, 2.19%, £0 fee, purchase – increased by 0.05%
85% LTV, 5 year fixed rate, 2.14%, £999 fee, purchase – increased by 0.15%, £250 cashback removed
85% LTV, 5 year fixed rate, 2.24%, £0 fee, purchase – £250 cashback removed
90% LTV, 5 year fixed rate, 2.49%, £999 fee, purchase – increased by 0.15%, £250 cashback removed
90% LTV, 5 year fixed rate, 2.59%, £0 fee, purchase – increased by 0.10%, £250 cashback removed

Large loan changes – minimum loan size £250,000

70% LTV, 2 year fixed rate, 2.19%, £2499 fee, purchase and remortgage – increased by 0.15% and LTV changed from 75% to 70%
70% LTV, 5 year fixed rate, 2.24%, £2499 fee, purchase and remortgage – increased by 0.15% and LTV changed from 75% to 70%

Help to Buy

75% LTV, 2 year fixed rate, 2.29%, £0 fee Help to Buy purchase – increased by 0.155
75% LTV, 2.5 year fixed rate, 2.14%, £999 fee Help to Buy purchase – increased by 0.15% and £250 cashback removed
75% LTV, 5 year fixed rate, 2.14%, £999 fee Help to Buy purchase – increased by 0.10% and £250 cashback removed
75% LTV, 5 year fixed rate, 2.29%, £0 fee Help to Buy purchase – increased by 0.10%

New Build

75% LTV, 2.5 year fixed rate, 2.09%, £999 fee, New Build purchase – increased by 0.15%
75% LTV, 2.5 year fixed rate, 2.19%, £0 fee, New Build purchase – increased by 0.05%
85% LTV, 2.5 year fixed rate, 2.14%, £999 fee, New Build purchase – increased by 0.15% and £250 cashback removed
85% LTV, 2.5 year fixed rate, 2.24%, £0 fee, New Build purchase – £250 cashback removed

Withdrawn rates

Buy to Let

Purchase and remortgage changes

60% LTV, 2 year fixed rate, 2.04%, £1499 fee, BTL purchase and remortgage – increased by 0.20%
75% LTV, 2 year fixed rate, 2.09%, £1499 fee, BTL purchase and remortgage – increased by 0.20%
60% LTV, 5 year fixed rate, 2.04%, £1499 fee, BTL purchase and remortgage – increased by 0.05%
75% LTV, 5 year fixed rate, 2.09%, £1499 fee, BTL purchase and remortgage – increased by 0.05%

Withdrawn rates