Santander launches new fixed rate mortgages

Santander, the ‘Home of UK Mortgages' is launching new two year and three year fixed products for homebuyers and those remortgaging. 

The new two year fixed 60 per cent LTV remortgage deal has a competitive rate of 3.39% and low booking fee of £495 while the second new two year fixed 60 per cent deal has a low rate of 3.19% and £945 fee - and is available for those remortgaging and homebuyers.

The new competitive two year fixed at 75 per cent and 3.49 per cent with £945 fee and the new three year fixed at 70 per cent LTV and 3.89 per cent and £995 fee are ideal for those looking to buy.

And continuing its commitment to first time buyers, Santander is also launching a new two year fixed at 90 per cent LTV with a 5.79 per cent rate and £99 upfront fee.
 
All come with Santander's Homebuyer or Remortgage Solution. The Homebuyer Solution offers the added benefits of a free basic mortgage valuation and £250 cash-back on completion while the Remortgage Solution offers a free standard mortgage valuation, and either free legals or £250 cash-back on completion.

Santander is also continuing to support first time buyers, movers and remortgagers with reductions across the range:

Rate reduced by 0.30 per cent on two-year fix at 85 per cent LTV for remortgagers, now 4.99 per cent with a £995 fee

Rate reduced by 0.30 per cent on three-year fix at 70 per cent LTV for homebuyers and remortgagers, now 3.89 per cent with a £995 fee

Rate reduced by 0.10 per cent on two-year fix at 75 per cent LTV for homebuyers and remortgagers, now 3.99 per cent with NO fee (previously £99)

Rate reduced by 0.20 per cent on two-year fix at 85 per cent LTV exclusively for first-time buyers, now 4.79 per cent with a £495 fee

Rate reduced by 0.10 per cent on two-year tracker at 70 per cent LTV for homebuyers, now 2.49 per cent with £995 fee Rate reduced by 0.10 per cent on three-year fix at 75 per cent LTV for homebuyers and remortgagers, now 4.39 per cent with fee reduced by £500 to £495

Santander is also rewarding its current account customers with a range of exclusive products including:

New two year fixed at 85 per cent LTV for homebuyers with a 4.79 per cent rate and £745 fee

New three year fixed at 70 per cent LTV for remortgagers with a 3.89 per cent rate and £745 fee

New two year tracker at 70 per cent LTV for homebuyers with a 2.49 per cent rate and £745 fee

Phil Cliff, Director of Santander Mortgages said: "As the ‘Home of UK Mortgages', our aim is to get Britain moving with a range of competitive products to suit the needs of all homebuyers. Our new two and three year fixed are perfect for homemovers while our latest 90 per cent LTV offers a great opportunity for first time buyers to step on to the property ladder. This latest range of product launches and rates are just a selection of what we currently offer first time buyers, movers and remortgagors alike - helping them to get the home they want and can afford."

For more information, visit santander.co.uk.