Santander cuts high-LTV rates by up to 0.22%

The bank has reduced two and five-year fixed rates at 85-95% LTV. 

Related topics:  Mortgage rates,  Santander
Rozi Jones | Editor, Financial Reporter
18th June 2025
Santander sign

Santander has announced reductions of up to 0.22% across its residential mortgage range, with the majority of cuts to higher-LTV products.

In its home mover range, most two and five-year fixed rates at 85-95% LTV, including new build products, have reduced by up to 0.12%.

Highlights include a 90% LTV home mover five-year fixed rate with a £999 fee and £250 cashback at 4.40%, with the equivalent first-time buyer rate at 4.47%.

In Santander's first-time buyer range, all 85-90% LTV two and five-year fixed rates have decreased by up to 0.15%. 

A 95% LTV five-year fixed rate first-time buyer product is down by 0.22% to 4.85% with no fee and £250 cashback.

In addition, selected 60-90% LTV two and five-year fixed rate remortgage products have reduced by up to 0.10%.

For product transfers, all 90% LTV two and five-year fixed rates have reduced by 0.10% and all buy-to-let 60% LTV two-year fixes are down by 0.09%.

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