Santander adds 90% LTV remortgage products

Jake Carter

March 1, 2021

santander loan

Santander have introduced a number of remortgage products up to 90% LTV.

In addition, the lender has reduced rates across products within its remortgage range by up to 0.10% and added £250 cashback.

Notable introductions include a 90% LTV 2-year fix at 3.19% with a £999 fee, or at 3.49% without a fee.

A 90% LTV 5-year fix at 3.43% with a £999 fee has also been added; alternately this offering is available at 3.60% without a fee.

In addition, a 70% LTV 5-year fix at 1.24% with £1,499 fee has been introduced.

Looking to reductions, the 60% LTV 5-year fixed at 1.29% and the 60% LTV 5-year fixed at 1.30% have been reduced by 0.02% and 0.04%,respectively.

Both deals include a £999 fee, and the former is for remortgages, while the latter is for purchase.

The 85% LTV 2-year fix at 2.63% with £999 fee has been reduced by 0.04%, and the 85% LTV 5-year fix at 2.85% with £999 fee has been cut by 0.05%

Both offerings are available for purchase and remortgage.

The lender outlined that self-employed applications continue to be temporarily restricted to 60% LTV.

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