The mortgage guarantee fixed range includes a two year fix at 4.69% (reduced by 0.80%) available up to 95% LTV with no booking fee, and a five year fix at 4.99% (reduced by 0.60%) available up to 95% LTV with no booking fee.
Both these deals also offer our Homebuyer Free Valuation, further helping customers save on upfront fees.
Additionally, Santander is making reductions to other products, including:
- Two year fix at 2.14% (reduced by 0.15%) with a £995 booking fee, available up to 80% LTV for homebuyers and remortgagers
- Five year fix at 3.19%% (reduced by 0.25%) with a £995 booking fee, available up to 80% LTV for homebuyers and remortgagers
- Two year Tracker at 1.59% (reduced by 0.20%) with a £995 booking fee available up to 75% LTV for homebuyers and remortgagers
- Flexible offset Lifetime Tracker at 2.99% (reduced by 0.20%) with a £495 booking fee available up to 75% LTV for homebuyers and remortgagers
The fixed and 2 year tracker rates come with Remortgage Solution, offering a free valuation and free legals or £250 cashback for those remortgaging.
Miguel Sard, Head of Santander Mortgages, Santander said:
“Our new rates are designed for all mortgage borrowers. We want to support everyone looking to take the next step – whether they are looking to get a foot on the property ladder, remortgage or move to a new home. These products are some of the lowest rates available and we will help customers looking to arrange the best possible deal in 2015.”