Santander for intermediaries cuts rate by up to 0.26% | Mortgage Strategy

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Santander for intermediaries will cut rates across its residential range of loans by up to 0.26% on Monday (14 June).

Across two-year deals this includes:

A 90% loan-to-value two-year fixed-rate purchase and remortgage loan at 2.83%, with a £999 fee. Reduced by 0.26%.

A 90% LTV two-year fixed-rate purchase and remortgage product at 3.10%, with no fee. Down by 0.20%.

And an 85% LTV two-year fixed-rate purchase & remortgage offer at 2.64%, with no fee. Cut by 0.15%.

Five-year deals include:

A 75% LTV five-year fixed-rate purchase loan at 1.54%, with a £999 fee. Reduced by 0.09%.

And an 85% LTV five-year fixed-rate purchase and remortgage product at 2.86%, with no fee. Down by 0.09%.

Mortgage guarantee scheme – purchase and loyal movers deals include:

A 95% LTV five-year fixed-rate loan at 3.93%, with no fee. Cut by 0.16%.

Intermediary exclusives – purchase deals include:

A 70% LTV two-year fixed-rate offer at 1.00%, with a £1,249 fee. Reduced by 0.05%.

New build deals include:

An 85% LTV two-and-a-half-year fixed-rate product at 2.34%, with a £999 fee. Down by 0.14%.

And an 85% LTV two-and-a-half-year fixed-rate loan at 2.69%, with no fee. Reduced by 0.15%.

The high street bank’s broker-only arm will also withdraw its exclusive 75% LTV five-year fixed-rate purchase deal at 1.52%, with a £1,249 fee.


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