Santander expanding its product range with the launch of a wide variety of offers for customers looking to buy new built properties.
The range offers fixed rate mortgages with a 2.5-year and a five-year term and customers have the option to reserve a rate for up to nine months.
Apart from retail clients, Santander’s new services are extending to intermediaries as well. The bank is rolling out a dedicated New Build Desk to help brokers working with clients interested in new builds.
“The New Build market continues to grow significantly in the UK and we are fully committed to supporting brokers with our range of New Build solutions. Through the launch of our dedicated New Build desk, we will be able to provide customers with first class service whenever they need it,” Brad Fordham, managing director of intermediaries at Santander, comments.
Highlights of the exclusive New Build range include:
⇒ 2.04 per cent 2.5 year fix at up to 75 per cent loan-to-value and a £995 booking fee
⇒ 3.99 per cent five-year fix at up to 80 per cent LTV and a booking fee of £955
Santander has also reduced rates on selected Help to Buy: equity loan mortgages.
The new offers include:
⇒ 2.49 per cent 2 year tracker 75 LTV with no booking fee
⇒ 2.99 per cent 2 year fixed 75 LTV with no booking fee
⇒ 3.29 per cent 5 year fixed 75 LTV with no booking fee
