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Santander cuts rates on fixed two and five-year remortgages

by Stephen Little
September 11, 2017
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Santander has cut the rates on its range of fixed two and five-year products  60%, 75% and 85% loan-to-value (LTV). The changes are designed to support customers looking to remortgage before the end of the year. The products come with free valuation and legal fees or £250 cashback. Miguel Sard, managing director of mortgages at Santander UK said: […]

mortgagelendingSantander has cut the rates on its range of fixed two and five-year products  60%, 75% and 85% loan-to-value (LTV).

The changes are designed to support customers looking to remortgage before the end of the year.

The products come with free valuation and legal fees or £250 cashback.

Miguel Sard, managing director of mortgages at Santander UK said: “These new products are designed to support customers looking to remortgage and lock in to a lower rate. Not only are they market leading, they also come with the added benefit of having no upfront product fee.”

Improvements to two year fixed rate products

60% LTV – 1.39% with a zero product fee, on remortgage only

75% LTV – 1.44% with a zero product fee, on remortgage only

85% LTV – 1.69% with a zero product fee, on remortgage only

Improvements to five-year fixed rate products 

60% LTV – 1.79% with a zero product fee, on remortgage only

75% LTV – 1.94% with a zero product fee, on remortgage only

85% LTV – 2.29% with a zero product fee, on remortgage only

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What Mortgage has teamed up with London & Country to offer you expert advice on the right mortgage deal.

Whether you’re buying a new home, remortgaging to a new deal or buying an investment property, L&C can help – and you’ll pay no fee for their advice. To find out more, click here.

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