Santander Mortgages launches new deals

Following the launch of last week's market-leading two year 90% LTV fix, Santander, the ‘Home of UK Mortgages', is reducing the rate on another great product available exclusively to first time buyers by 0.15 per cent:

Four year 85% LTV fix at 5.69 per cent - was 5.84 per cent - with a £495 fee, available with the Homebuyer Solution which offers a free basic mortgage valuation and £250 cash-back on completion.

Santander is also launching a new two year 75% LTV fix at 3.69 per cent available exclusively to Current Account customers. It has a £495 fee and comes with either the Homebuyer or Remortgage Solution.

The Homebuyer Solution offers borrowers the added benefits of a free basic mortgage valuation and £250 cash-back on completion, while the Remortgage Solution offers a free basic mortgage valuation, and either free legal's or £250 cash-back on completion.