New current account exclusives from Santander for Intermediaries

Published on

Santander-for-Intermediaries

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.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...

FCA finds protection market delivering good outcomes, says TPFG

The Property Franchise Group PLC (TPFG) has responded to the publication of the Financial...

Conditional selling remains industry flashpoint as enforcement lags

Conditional selling remains one of the most persistent and contentious issues facing the UK...

Latest publication

Other news

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...