Santander launches fixed rate mortgage of 2.99%

Santander has launched a best buy fixed rate mortgage of 2.99%.  This low rate is exclusively available to our existing current account and loyal mover customers, whether looking to purchase a new home or remortgage, with a 40% deposit.  In addition, to help with the upfront costs, customers can add the fee to the mortgage if they want. The product details are:

60% LTV 5 year fixed at 2.99% with a £1495 fee

Phil Cliff, Director of Santander Mortgages, said: "It's really exciting to be able to offer exclusively our existing current account and loyal mover customers such a low mortgage rate giving them peace of mind for the next five years.  As one of the major lenders in the UK, we're doing our bit to help customers even in tough market conditions."

Visit santander.co.uk for more information.