Santander releases six broker-only resi products | Mortgage Strategy

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Santander will release six new residential exclusive purchase-only products for intermediaries on 10 May.

They are:

A 70% loan to value two-year fixed-rate mortgage at 1.08%, with a £1,249 fee and a £350,000 minimum loan size.

A 75% LTV two-year year fixed rate at 1.29%, with a £1,249 fee and a £350,000 minimum loan size.

A 85% LTV two-year fixed rate at 2.53%, with a £199 fee.

The remaining products are five-year deals.

They are:

A 70% LTV five-year fixed rate at 1.22%, with a £1,499 fee and £350,000 minimum loan size.

A 75% LTV five-year fixed rate at 1.52%, with a £1,499 fee and a £350,000 minimum loan size.

And a 85% LTV five-year fixed rate at 2.85%, without fees.

The high-street bank also withdrawn two purchase-only products.

They are:

A 85% LTV two-year fixed rate at 2.63%, with a £999 fee.

And a 85% LTV five-year fixed rate at 3.15% without fees.

Santander adds that full details of its new business mortgage range will be available on its website, also on Monday.


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