From 4 April Santander is reducing some new business first time buyer two- year fixed rates and some residential home mover two-year fixed rates by up to 0.09%.

The lender is also reducing some two year and all five-year residential remortgage fixed rates by up to 0.10%.

There are no changes to Santander’s new business large loan, new build, buy to let or tracker rates.

For new business fixed rate reductions include: for FTBs – all 60% LTV 2 year fixed rates reducing by up to 0.07%.

For FTBs – all 85 – 95% LTV two-year fixed rates reducing by up to 0.08%.

For residential home movers – some 60 – 75% LTV two- year fixed rates reducing by up to 0.09%.

For residential remortgage – some 60 – 75% LTV two-year fixed rates reducing by up to 0.07%.

And all 75% resi remortgage LTV 5 year fixed rates reducing by up to 0.10%.

For product transfers, fixed rate reductions include for residential – some 60 – 75% LTV two-year fixed rates reducing by up to 0.07%. And also for residential, all 75% LTV five-year fixed rates reducing by up to 0.10%.

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