Santander launches remortgage fixes from 1.64%

Santander has announced a new range of fixed two and five year remortgage products, which come with no product fee.

Related topics:  Mortgages
Amy Loddington
11th October 2016
santander

The remortgage products range come at 60%, 75% and 85% loan to value, and rates range from 1.64% (for the 60% LTV two year fix) to 2.14% (for the 85% LTV two year fix).

In addition to having no product fee, these deals come with the added benefit of help with remortgage legal fees and a free valuation.

Coupled with this, Santander has also introduced a range of competitive, Help to Buy equity loan products to support customers looking to purchase a new build property. All offer the additional benefit of £2502 cashback and at at 75% LTV. The two year product is fixed at 1.64% and a £995 product fee, whereas the five year products are at 2.59% and £995 product free and 2.84% with no product fee, respectively.
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Miguel Sard, Managing Director of Mortgages at Santander, Santander UK said: 

“As we enter autumn, we know a lot of customers are looking to re-mortgage before the end of the year. Through the introduction of these new, competitive rates, we hope to help more people secure a great mortgage to meet their needs.

“Our Help to Buy equity products are designed to support customers looking to purchase a new build property, we hope that the reduction in rates will make owning a home affordable and a reality for aspiring buyers.

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