It has also cut rates on 90% LTV two year fixes by 0.30% to 3.69%, and to 3.59% with zero booking fee for Loyalty range customers.
There are also additional cuts of 0.10% across Santander's 60% LTV five year fixed and 70% LTV two year fixed for both standard and Loyalty customers.
Miguel Sard, Head of Santander Mortgages, said:
“We know that taking that first step towards purchasing a property can be difficult, and for those people that have managed it, climbing up the property ladder can also be tough. We hope these high LTV products and reduced rates will go towards helping people secure their ideal home.
“For customers who want a high LTV product, these now come with free valuation and don’t have a booking fee, it’s another way we hope to support our customers and provide them with the best mortgage deal.”
