Santander Update

On Tuesday 20 July, we’re making further improvements to our mortgage range with reductions of up to 0.26% across our standard residential and new build ranges at 85% and 90% LTV. We’re also reducing selected rates and fees in our Help to Buy range.

Standard residential range – reductions

• 85% LTV 2 year fixed rate at 2.10% with £999 fee – purchase & remortgage – rate reduced by 0.11%
• 85% LTV 2 year fixed rate at 2.46% with £0 fee – remortgage – rate reduced by 0.18%
• 90% LTV 2 year fixed rate at 2.57% with £999 fee – purchase & remortgage – rate reduced by 0.26%
• 90% LTV 2 year fixed rate at 2.99% with £0 fee – remortgage – rate reduced by 0.11%
• 85% LTV 5 year fixed rate at 2.48% with £999 fee – purchase & remortgage – rate reduced by 0.20%
• 85% LTV 5 year fixed rate at 2.68% with £0 fee – remortgage – rate reduced by 0.11%
• 90% LTV 5 year fixed rate at 3.20% with £0 fee – purchase & remortgage – rate reduced by 0.10%
• 90% LTV 5 year fixed rate at 3.45% with £0 fee – remortgage – rate reduced by 0.07%

New build exclusives – purchase

• 85% LTV 2.5 year fixed rate at 2.10% with £999 fee – rate reduced by 0.11%

Help to Buy – purchase

• 75% LTV 2 year fixed rate at 1.48% with £499 fee – rate reduced by 0.03%
• 75% LTV 2.5 year fixed rate at 1.53% with £499 fee – rate reduced by 0.03%
• 60% LTV 5 year fixed rate at 1.37% – fee reduced by £500 to £499
• 75% LTV 5 year fixed rate at 1.69% – rate reduced by 0.04% and fee reduced by £500 to £499

Further information

Charge and benefit end dates and the completion deadlines on our range will move on; and fixed rate product codes will be replaced.

For full details of our new business mortgage range please see the Rate Bulletin (Issue 11) which will be available on our website on Tuesday 20 July.