Santander UK reduces mortgage rates by up to 0.56% with rates starting from 4.64%

Santander UK has today reduced fixed rates on selected residential purchase mortgages, remortgages, buy to let, and product transfers by between 0.05% and 0.56%.

The full list of new rates can be found online here. Examples of five year fixed rates that have been reduced include:

  • 60% LTV five year fixed rate residential purchase mortgage with a £999 product fee is now priced at 4.64%, down from 4.95%.
  • 75% LTV five year fixed rate residential purchase mortgage with a £999 product fee is now priced at 4.74%, down from 5.00%.
  • 90% LTV five year fixed rate residential purchase mortgage with a £999 product fee is now priced at 5.15%, down from 5.44%.

Examples of remortgage rates that have been reduced include:

  • 60% LTV two year fixed rate residential remortgage with a £999 product fee is now priced at 5.33%, down from 5.64%.
  • 75% LTV two year fixed rate residential remortgage with a £999 product fee is now priced at 5.44%, down from 5.69%.
  • 85% LTV two year fixed rate residential remortgage with a £999 product fee is now priced at 5.94%, down from 6.00%.