Santander for Intermediaries will on Monday 4 November introduce a range of exclusive products for Santander Current Account holders.
These deal will offer discounts of between 0.1-0.25 percentage points off its standard range rates.
The deals are as follows:
Two-year fixed rates
- 1.94%, up to 60% Loan To Value (LTV), with a £995 booking fee (0.1 percentage point discount on standard product)
- 2.29%, 75% LTV, with a £995 booking fee (0.1 percentage point discount on standard product)
- 3.49%, 85% LTV, with no booking fee (0.25 percentage point bps discount on standard product)
Two-year tracker
- 2.09% (Bank Base Rate + 1.59%), 70% LTV, with a £495 booking fee (0.1 percentage point discount on standard product), ERC Free
Miguel Sard, managing director of Santander for Intermediaries, said: “Offering intermediaries and their clients simple and clear products which provide ongoing value demonstrates our commitment to our intermediary partners.
“These new Current Account Exclusive products offer customers a great rate, while 1|2|3 Current Account customers can also benefit from 1% cashback on their mortgage repayments, in addition to cashback on other everyday bills.
“In addition, the no Early Repayment Charge (ERC) option available on all our tracker products, offers customers the freedom to pay off their mortgage early, or switch to another mortgage product more suited to their needs.
“The majority of Santander for Intermediaries’ fixed mortgage products also come with a free valuation and £250 cashback for those buying a new home and a free valuation and £250 cashback or free legals for those re-mortgaging.”
