Santander will increase a wide range of product throughput rates by up to 21 basis points on Wednesday, making a mix of increases and reductions across its new business range.
The largest increase is in a three-year fixed product transfer of 75% LTV with a fee of £999, which will rise by 21 basis points from 4.97% to 5.18%.
The three-year, no-fee product transfer of 60% LTV will be increased by 17 basis points to 5.32%.
Many product transfer rates will rise by 15 basis points, including one-year free repairs at 95% LTV and above, which will rise to 5.70% and 5.75%, respectively.
Two-year fixed product carriage at 75% LTV with a £999 fee will also rise by 15 basis points to 5.14%, while five-year free repairs at 95% LTV and above will increase by 15 basis points to 5.71% and 5.76%.
Within the scope of moving the product from purchase to lease, the two-year fixed LTV ratio at 75% with a charge of £1,749 will be increased by 15 basis points to 5.14%.
Santander will also make a mix of increases and reductions across its new business range.
The largest reductions are 15 basis points across several two-year tracking products.
A home move-in tracker of 60% LTV with a £999 fee will fall from 4.23% to 4.08%, while the equivalent 75% LTV deal will fall from 4.40% to 4.25%.
The free 90% LTV tracking ratio will decrease by 15 basis points to 4.95%, while the 95% loyal engine exclusive tracking ratio will decrease to 5.09%.
For first-time buyers, the two-year tracking fee of 60% of LTV with the £999 fee will also be reduced by 15 basis points to 4.20%.
Santander is also introducing new buy-to-let tracking products for two years at 60%, 65% and 75% LTV, at 4.25%, 4.30% and 4.35% respectively, each with a fee of £1,749.
