These reductions in fees are designed to support the market and help those that still want to invest in bricks and mortar.
Buy to Let
60 per cent LTV 2-year fixed Buy to Let − 1.44 per cent with a £1495 product fee1
75 per cent LTV 2-year fixed Buy to Let − 1.94 per cent with a £1495 product fee
Alongside this, Santander will be reducing rates on a selection of existing fixed rate residential products.
Rate Reductions
60 per cent LTV 5-year fixed – 1.79 per cent with a £999 product fee on purchase and remortgage
75 per cent LTV 5-year fixed – 1.99 per cent with a £999 product fee, on purchase and remortgage
90 per cent LTV 2-year fixed – 2.54 per cent with zero product fee, on purchase and remortgage
Brad Fordham, Managing Director of Santander for Intermediaries said: “The Buy to Let market has slowed in recent months, but appetite for investing in property remains. We hope that by reducing the product fee on our BTL products, we will support this area of the market and help those who want to invest make their ambition become a reality.”
