The UK’s second biggest lender Santander launched a fixed rate mortgage exclusively for its existing current account and loyal mover customers.
Customers that either have an existing current account, which has been active for 30 days or a loyal mover who is an existing Santander or Alliant and Leicester mortgage customer can take advantage of the 2.99 per cent rate.
The rate is for customers purchasing a new home or remortgaging, with a 40 per cent deposit. To aid with upfront costs, customers can add the fee to the mortgage.
Santander’s director of mortgages Phil Cliff said: “It’s really exciting to be able to offer exclusively our existing current account and loyal mover customers such a low mortgage rate giving them peace of mind for the next five years.
“As one of the major lenders in the UK, we’re doing our bit to help customers even in tough market conditions.”
