Santander has reduced a number of its 2- and 5-year fixed rates on high loan-to-value (LTV) by up to 0.36%. It has also dropped rates on selected new build deals by up to 0.26%.
The lender has reduced its 90% LTV no-fee 2-year fixed rate by 0.36% to 2.14%, while its 95% LTV no-fee 2-year fixed rate has gone down by 0.27% to 2.93%.
As well as this, its 85% LTV fee-free 2-year fix rate has decreased by 0.26% to 1.83%.
Its 85% LTV fee-free 5-year fixed rate has been reduced from 2.54% to 2.24%, while its 5-year fixed rate at 90% LTV has fallen by 0.25% to 2.74%.
As well as this, its 85% LTV two and a half year fix has been cut by 0.18% to 1.52%, with a £749 fee.
The lender has withdrawn its 80% LTV 2-year fee-free fix at 1.94%.