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Santander cuts rates

Ryan Fowler

September 3, 2014

Its 2-year fixes stand at 2.25% to 60% LTV and 2.39% to 70% LTV, both with a £995 fee, while its 2-year fix to 85% LTV stands at 3.39% with a £495 fee.

Its 5-year fixed rate is 3.29% to 70% LTV, while it has also launched a 5-year fix at 3.54% to 75% LTV, both with a £995 fee.

Santander’s 2-year trackers stand at 2.04% to 70% LTV with a £995 fee and 3.54% to 85% LTV with no fee.

Brad Fordham, managing director of Santander for Intermediaries, said: “We’re pleased to support our intermediary partners and borrowers with reductions across our mortgage range and the launch of some great new deals.

“The autumn housing market is traditionally buoyant and the enhancements we’ve made to our mortgages make them even more competitive for customers buying a new home or remortgaging.”

On its buy-to-let range the lender has reduced its 2-year 75% LTV tracker to 2.99%, its 2-year 60% LTV fix to 2.79%, and its 5-year 60% LTV fix to 4.04%, all with a £1,495 fee.

To support its Key Account partners Santander has unveiled exclusive 5-year fix at 3.54% to 75% LTV with a £995 fee.


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