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Santander for Intermediaries is launching residential and buy-to-let (BTL) intermediary exclusives.

The products will launch on 27 January.

The new offers will have lower rates with a higher product fee.

For residential products, the lender will offer a 60% loan-to-value (LTV) five-year fixed rate at 4.19% with a £1,499 fee.

It will also add an 85% LTV five-year fixed rate at 4.45% and a £1,499 fee.

For BTL, Santander will offer a 75% LTV five-year fixed rate at 4.99% with a product fee of £1,999.

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