RSS Feed

Related Articles

Related Categories

Santander launches market leading zero booking fee two year fixed rate mortgages

24th February 2015 Print

Saving up for a deposit to secure a mortgage can be one of the biggest investments a person makes within their lifetime. Santander recognise that customers want the best mortgage deal, without incurring any extra fees, which is why they have launched these new offers. These new rates with zero booking fees are designed to help customers make their deposits go as far as possible.

Santander are committed to rewarding existing current account and existing Santander home movers with a range of Loyalty mortgages, offering a reduced rate to the standard product.

The Loyalty range highlights include:

1.99 per cent two year tracker, 80 per cent LTV, with zero booking fee for purchase and remortgage

2.19 per cent two year fixed, 80 per cent LTV, with zero booking fee for purchase and remortgage

2.69 per cent two year fixed, 85 per cent LTV, with zero booking fee for purchase and remortgage

3.19 per cent five year fixed, 80 per cent LTV, with zero booking fee for purchase and remortgage

In addition, as part of the Loyalty range Santander offer a free standard valuation and £250 cashback for purchase customers or a free standard valuation and free legals for remortgage customers.

Miguel Sard, Head of Santander Mortgages, Santander said: “We know that saving for a deposit can be a long process and one of the biggest investments of a person’s life; we always look at how we can best support customers and pass on as much value as possible.

“With this in mind, we have launched a range of zero booking fee products on selected high LTV products for purchase and remortgage and in addition we offer additional rate savings on our Loyalty range.”

The majority of Santander standard residential mortgages come with Santander’s Homebuyer Free Valuation for purchase customers or Remortgage Solution for remortgage customers.

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

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