Santander cuts fixed rates by up to 0.35%

Santander has cut two and five year fixed rates by up to 0.35% and launched new 80% and 90% fixed rates.

Related topics:  Mortgages
Rozi Jones
25th April 2016
santander

New two year fixed rates with zero booking fee include a 60% LTV at 1.89%, 75% LTV at 2.04% and a 85% LTV at 2.34%.

Five year fixes include a 75% LTV at 2.79% and a 85% at 3.19%.

Santander's new products include:

- 80% LTV 2 year fixed, 1.84%
- 90% LTV 2 year fixed, 2.59%
- 90% LTV 5 year fixed, 3.49%

All products are available for purchase and remortgage and come with a £995 booking fee.

Brad Fordham, Santander’s Managing Director of Intermediaries, said:

“We want to support people get a foot on the housing ladder. We hope that these reductions in rates coupled with improving our range of zero booking fee options will help customers keep their upfront costs down and secure their dream home. Along with this, we have launched some excellent new, competitive rates which will enable all buyers, whatever their needs to secure a strong rate that’s right for them.”

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