Santander has refreshed its buy-to-let range with rate reductions and new products including a 60% loan-to-value 2-year fix at 1.44% with a £1,495 product fee.
Also available is a 75% LTV 2-year fix at 1.94% with a £1,495 fee, as well as reductions to its 5-year fixes to stand at 1.79% to 60% LTV and 1.99% to 75% LTV, both with a £999 product fee.
Lastly, on a day where Barclays and Leeds Building Society also gave their ranges a refresh Santander’s 90% LTV 2-year fix has been reduced to 2.54% with no product fee.
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 buy-to-let products, we will support this area of the market and help those who want to invest make their ambition become a reality.”