It will also launch a new 3.19% 5yr fixed at 60% LTV for all homebuyers and remortgagers. The product changes include:
- 70% 2yr tracker with rates down by 0.20% to 2.79% with £995 fee - available with either Homebuyer or Remortgage Solution
- 70% 2yr fixed with rates down by 0.10% to 3.29% with NO fee - available with either Homebuyer or Remortgage Solution
- 75% 2yr fixed at 3.59% with fee reduced from £995 to £495 for a limited time only - available with either Homebuyer or Remortgage Solution
- 85% 3yr fixed with rates down by 0.10% to 4.79% with £995 fee - available with Homebuyer Solution
- 85% 3yr fixed First Time Buyer with rates down by 0.10% to 4.79% with £99 fee - available with Homebuyer Solution
- 85% 5yr fixed with rates down by 0.10% to 4.79% with £995 fee - available with Homebuyer or Remortgage Solution
- NEW 60% 5yr fixed at 3.19% with £1,495 fee - available with Homebuyer or Remortgage Solution
Phil Cliff, Director of Santander Mortgages, said:
"As a major UK lender, we strive to offer homebuyers, both those looking to move home or remortgage, with competitive products and low rates. Our new 2 year fixed at 2.79% and 70% LTV is market leading whilst our competitive new 3.19% 5yr at 60% LTV is available to all homebuyers and remortgagers.
"We're always looking to help customers get on or move up the property ladder and these rates cuts demonstrate our continued commitment to the mortgage market."
