Santander for Intermediaries is launching a new range of higher loan–to–value (LTV) products on Monday 2 December 2013.
The new range includes:
- Two-year fix with a rate of 2.74% and £995 fee, available up to 80% LTV to homebuyers and remortgagers
- Two-year fix with a rate of 3.59% and no fee, available up to 85% LTV to homebuyers and remortgagers
- Two-year fix with a rate of 4.49% and no fee, available up to 90% LTV to all homebuyers
- Five-year fix with a rate of 4.14% and no fee, available up to 85% LTV to homebuyers and remortgagors
- Five-year fix available exclusively to existing customers moving home with a rate of 4.09% and no fee, available up to 85% LTV
Miguel Sard, managing director of Santander for Intermediaries, said: “Santander for Intermediaries wants to be front of mind for both intermediaries and their clients. Our latest range of competitive two and five-year higher LTV products demonstrates our continued support for UK households getting on, and moving up, the property ladder.
“We’re focussed on supporting the market with great rates, great service and value for money. Our new market-leading two-year fix at 80% LTV, is available at 2.74% with a £995 fee, while our 85% LTV product for a five-year fix term is at a very competitive 4.14% while the two-year fix is at 3.59% – both are available with no fee. We expect there to be strong demand for these latest deals from both intermediaries and their clients.”
“In addition to a great mortgage rate, cashback and free valuations, all 1|2|3 Current Account customers will benefit from 1% cashback on their Santander direct debit mortgage payments too. The majority of our mortgages offer a Free Valuation and £250 Cashback for homebuyers and a Free Valuation and Free Legals or £250 Cashback for remortgagers.”
