No tricks, just treats! Santander launches market leading mortgage rates

On Friday 31 October, Santander will be celebrating Halloween with some thrilling news, as it launches some frighteningly low fixed rate mortgages.

Two new market leading products are being launched exclusively via intermediary channels. Available for homemovers, first time buyers and remortgage customers, and with a £995 booking fee, they are:

Two year fixed at 1.94%, up to 75% LTV

Two  year fixed  at 2.79%, up to 85% LTV

Santander is also cutting the rate on its five year fixed mortgage (75% LTV) to just 2.89%, a reduction of 50bps. With a booking fee of £995, customers can arrange this mortgage both directly and via intermediaries.

All of these mortgages come with Santander’s unique Homebuyer or Remortgage Solutions, offering a free valuation and £250 cashback for those buying a new home, and a free valuation and free legals or £250 cashback for those re-mortgaging.  

In addition, Santander 1|2|3 Current Account customers who pay their monthly Santander mortgage payment by direct debit will receive 1% cashback on maximum monthly mortgage payments of £1,000.

Miguel Sard, Head of Mortgages at Santander, said: “These new rates represent a fantastic deal if you are looking for the security of fixed mortgage, and both customers and brokers should act now to make sure that they do not miss out. Taken together with the benefits of our Homebuyer or Remortgage solution offer, as well as 1% cashback for our 1|2|3 Current Account holders, we think that this is thrilling news for homeowners this Halloween.”

For more information on Santander’s mortgages, visit santander.co.uk.