From tomorrow, Santander is increasing residential fixed and tracker rates in its new business and product transfer ranges by up to 0.43%.
As part of the changes, the Bank is reducing other selected residential fixed rates for remortgage clients, and all buy-to-let fixed rates in its new business range.
Selected standard residential fixed rates are increasing by between 0.06% and 0.43% for purchases and remortgages, while all standard residential tracker rates are increasing by between 0.01% and 0.32%.
Elsewhere, selected residential remortgage rates are reducing by between 0.08% and 0.23% and buy-to-let fixed rates are reducing by between 0.09% and 0.23%.
In Santander's product transfer range, selected residential fixed rates are increasing by up to 0.36% and selected tracker rates by up to 0.14%, while buy-to-let five-year fixes are rising by 0.04%.
In addition, Santander is launching a new two-year fixed rate at 95% LTV, available from 5.92% for residential purchases with no product fee and £250 cashback.
Alongside the rate changes, new business and product transfer completion deadlines and charge end dates will roll on by one month. Completion deadlines have been rolled on to 30 September 2024 for purchases, 5 October 2024 for product transfers, and 7 October 2024 for remortgages.
