Santander has increased the maximum lending caps on its higher LTV loans and launched a new lifetime tracker charging 2.49% up to 60% LTV.
The lender will lift the caps on its 80%, 85% and 90% LTV ranges from today.
Its 80% LTV cap will rise to £1m, the 85% LTV to £750,000 and the 90% LTV to a £500,000 maximum loan allowance.
Santander for Intermediaries will also launch a 60% Lifetime Tracker at 2.49%, or base rate plus 1.99%, with no booking fee.
Santander recently moved into the large loan market after a 30% rise in new business in just six weeks.
And last month it launched a new broker range with rates starting from 1.94%.
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