Santander has reduced selected residential fixed rates by up to 0.50% and all buy-to-let fixed rates by 0.05%.
At 75% LTV, two-year fixed rates have reduced by 0.10% to 5.94% with a £999 fee and by 0.15% to 6.19% with no fee.
A two-year fixed rate at 90% LTV has been lowered by 10bps has reduced to 6.14% with a £999 fee.
Five-year fixed rates at 75% LTV have reduced by 0.50% to 5.49% with a £999 fee and by 0.40% to 5.74% fee-free.
At 90% LTV, five-year fixed rates have reduced by 0.30% to 5.84% with a fee and by 0.35% to 6.04% with no fee. In addition, a 95% LTV five-year fix has been cut by 20bps to 6.39% with no fee.
Two-year fixed remortgage rates between 75% and 90% LTV have been cut by between 5-10bps and five-year fixed remortgage products have seen larger reductions of between 20-25bps.
Across Santander's Help to Buy range at 75% LTV, a two-year fixed rate has reduced by 0.15% to 6.24% and five-year fixed rates have reduced by 0.25% to 5.79% with a £999 fee and by 0.20% to 5.99% fee-free.
In addition, Santander is withdrawing its 95% LTV two-year fixed rate. The 95% LTV two-year tracker and five-year fixed rate will still be available.
In Santander's product transfer range, it is reducing all residential five-year fixed rates by between 0.05% and 0.25% and withdrawing all seven-year fixed rates.
