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Among its new rates, the mutual is offering a five-year fixed rate (75percent LTV) at 5.39percent or at 5.57percent at 80percent LTV. On 14 August Santander cut fixed rates by 0.29 percentage points for new customers going direct to the bank. Today its Santander for Intermediaries brand has followed that with cuts to fixed rates for residential and buy-to-let customers accessing deals through brokers. It is offering a five-year fixed rate for remortgage at 5.34percent and a two-year fix at 5.9percent (both deals are at 60percent LTV and have a 995 fee). There is a five-year fixed rate for house purchase at 5.21percent (75percent LTV) with a 1,295 fee. The bank is offering a two-year fixed rate at 6.44percent and a five-year rate at 5.74percent.
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- Interest rates on the mortgage – which is capped at a maximum loan size of 550,000 – are priced between 3.34percent and 3.69percent depending on the size of your deposit.
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October: Lenders Hopeful Of Bank Rate Hold Next Month
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