Santander launches zero fee range
The Bank will now offer a range of 2, 3 and 5-year fixed and tracker products which are available on mortgages between 85-90% loan to value and have no up-front booking or arrangement fees.
Phil Cliff, director of Santander Mortgages, said: “Now is a great time to take advantage of competitive rates available on mortgages up to 90% LTV.
“As one of the major mortgage lenders in the UK we continually review our product offering to help customers in the current tough economic conditions.
“It’s especially first time buyers that struggle to find the extra money for the fees on a mortgage – so they can be a barrier to FTBs getting a foot on the ladder – so we’re doing our bit to help them.”
All the new zero fee products are available with a free valuation and £250 cashback.