New Tracker And Fixed Rate Mortgages From Santander

Santander has launched a range of new tracker and fixed rate mortgage products.

The new 3 and 5 year fixed and 2 year tracker mortgage products are exclusively available to existing Santander Current Account and Investment customers.

The new fixed rate mortgages are

• 3 year fixed rate at 60% LTV for remortgagors at 3.59% and £995 fee
• 5 year fixed rate at 60% LTV for remortgagors at 4.24% and £495 fee

And there’s a 2 year tracker mortgage at 70% LTV for remortgagors at 2.3% and £995 fee.

Phil Cliff, Director of Santander Mortgages said: “As the ‘Home of UK Mortgages’,  we want to ensure we can reward our existing customers and these additions to our  product range certainly do just that, demonstrating our commitment to offering a range of highly competitive mortgages to meet our customers’ needs.”

The new mortgages are available to existing Santander Current Account customers who have held the account for at least 3 months and existing Investment customers.

They come with a Remortgage Solution package which offers a free basic mortgage valuation, and either free legals or £250 cashback on completion.

Santander are also reducing their 2 year fixed rate mortgage at 60% LTV Core range product to 2.65 per cent. There is a £1,995 fee.