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: “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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