Santander launches record low remortgage products

Santander has cut rates on its fixed two and five-year fee-free remortgage products.

Related topics:  Mortgages
Rozi Jones
11th September 2017
santander

The Bank says the new rates are currently the lowest on the market.

New two-year fixed rates start from 1.39% at 60% LTV, 1.44% at 75% LTV and 1.69% up to 85% LTV.

Five-year rates are available from 1.79% at 60% LTV, 1.94% at 75% LTV and 2.29% at 85% LTV.

Santander is also launching a two-year fixed rate online exclusive, at 1.09% up to 75% LTV with a £1,499 product fee.

All products come with free valuation and free legals or £250 cashback.

Miguel Sard, Managing Director of Mortgages at Santander UK, said: “These new products are designed to support customers looking to remortgage and lock in to a lower rate. Not only are they market leading, they also come with the added benefit of having no upfront product fee.”

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