Santander launches new fixed resi and HTB products - Mortgage Strategy

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Santander is bringing a host of new fixed rate mortgages to the residential and Help to Buy market.

The new Help to Buy products are all available at up to 75 per cent LTV and are as follows:

A two-year fix at 1.54 per cent, commanding a £649 product fee and a two-year fix at 1.99 per cent with zero product fee, a five-year fix at 1.89 per cent with £649 product fee, and a five-year fix at 2.04 per cent with no product fee.

For purchase and remortgage, the lender is now offering products at up to 85 per cent LTV and £250 cashback. These consist of:

A two-year fix at 1.64 per cent with a product fee of £649, a two-year fix at 1.99 per cent with no product fee, a five-year fix at 1.99 per cent with £649 product fee, and a five-year fix at 2.15 per cent with zero product fee.

Santander head of intermediary distribution says: “Supporting customers in their home ownership journey has never been more important than it is today.

“I am immensely proud of how we have continued to support our customers and hope that our new mortgage range will help both buyers looking to take their first mortgage or homeowners looking to move an existing mortgage to Santander.”


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