Santander launches new fixed and tracker mortgage deals

From Wednesday (3 February), Santander is launching two new 70 per cent LTV mortgages, a 2-year tracker and a 2-year fix, available at Santander and Alliance & Leicester branches.  The rates include:

2-year fix at 3.44% up to 70% LTV with a £995 fee (for purchase or remortgage)
2-year tracker at 2.49% up to 70% LTV with a £995 fee (for purchase or remortgage)

Santander is also reducing the rate on its 5-year fixed rate, which is available for purchase only and includes the Homebuyer Solution (free valuation and £250 cashback on completion).  The new market-leading rate is 5.44 per cent up to 75 per cent LTV with a £799 fee.

Phil Cliff, Mortgage Director for Santander commented: "Now is a great time to take advantage of the low mortgage rates available, whether customers are looking to fix or for a tracker, we have a variety of market-leading deals available."

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