The new 5 year fixed rate is the latest addition to SFI’s popular buy to let range, designed specifically for non-professional landlords with seven properties or less. The product is a five year fix at 70% LTV, with a 4.14% rate and £1495 booking fee with Homebuyer Solution or Remortgage cashback.
SFI will also reduce the rate on its residential Loyalty products at 75% LTV to:
- Current Account Exclusive 2yr Fixed to 2.54% (from 2.59%) with a £995 booking fee with either Remortgage or Homebuyer Solution
- Existing Mover Exclusive 2yr Fixed to 2.54% (from 2.59%) with a £995 booking fee with Homebuyer Solution
In line with market conditions, Santander for Intermediaries has also re-priced a small number of its fixed and tracker rate products.
The following products have been re-priced:
2 year fixed range products
- 80% LTV to 3.44% (from 3.24%) and NO fee
- 95% LTV Help to Buy: Mortgage Guarantee to 5.49% (from 5.24%) with NO fee (Homebuyer)
- 95% LTV Help to Buy: Mortgage Guarantee to 4.99%, tracks BBR + 4.49%< (from 4.74%) with
No fee (Homebuyer)
- 5yr Fixed range; 75% LTV Help to Buy (equity loan) to 3.64% (from 3.44%) with no booking fee
