Santander are back, but with increased rates!!

The high street lender has today released a new range of fixed and tracker rates for residential and buy-to-let clients.

On the product transfer side, all residential fixed rates have gone up between 0.4% and 0.65%, with rates starting at 5.23% for a 2-year fixed rate at 60% loan to value (LTV), with £999 fee.

- 5 year residential fixed rates are priced from 4.83% with a £999 fee.

- BTL fixed rates will rise by around 0.2%, starting at 5.44% for a 2yr fixed rate at 75% LTV,

5-year fixed rates start at 4.82% at 60% LTV.

- The lender has also brought back residential tracker deals and are now priced from 4.94% for a 2-year fixed at 60% LTV.

- Santander temporarily withdrew its new business range on Monday citing current market conditions. Several lenders briefly removed products due to economic uncertainty.

If you are currently considering options please get in touch, initial enquiries are free and no obligation.