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Santander returns a 4% rate

Santander has reintroduced a 4% fixed interest rate for Home Movers.

The new fees start at 3.97% at a two-year fixed rate and 3.99% at a three-year fixed rate, both of which will be 60% loans and value (LTV).

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Additionally, lenders have announced that they will cut the fixed interest rate for most standard first-time buyers by up to 0.17% and the fixed interest rate for home movers by up to 0.13%.

Most Remortgage 2-year fixed fees have also been reduced by up to 0.18%, while the fixed price for around five years has been reduced by 0.12%.

Elsewhere, new build FTB fixed interest rates have been reduced by 0.21%, while some new build home movers fixed rates have decreased by up to 0.09%.

The fixed purchase rate for all purchases (BTL) has been reduced by up to 0.11%, while the fixed interest rate for all BTL Remuts has been reduced by up to 0.16%.

Meanwhile, Santander's fixed-home interest rate at home has been reduced by up to 0.18%, while the fixed-BTL price has fallen by 0.16%.

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