Rates have been cut by up to 0.31%, with the new rates on offer including:
- Two-year fix at 1.94% (down 31bps) with a £995 fee, available up to 60% LTV
- Five-year fix at 2.99% (down 30bps) with a £995 fee, available up to 70% LTV
- Two-year tracker at 1.84% (BBR+1.34%, down 10bps) with a £995 fee, available up to 60% LTV
For those people who do not wish to fix their mortgages, Santander has also launched two great new fee-free tracker rates with no early repayment charges:
- Two-year tracker at 2.49% (BBR+1.99%), available up to 70% LTV
- Two-year tracker at 2.89% (BBR+2.39%), available up to 80% LTV
In addition, rates have also been cut across Santander’s range of exclusive mortgages for customers with a Santander current account, including a two-year fix for a highly competitive rate of 2.09% and a £495 fee, available up to 70% LTV.
Miguel Sard, Head of Santander Mortgages, Santander said:
“These are highly competitive new rates which positions Santander as the mortgage provider of choice for homeowners across the UK. Whether borrowers have larger or smaller deposits, are looking for the security of fixed rates or want the flexibility of our zero-fee and ERC-free tracker rates, we have a product that is just right for everyone.’
