MortgagesSep 11 2014

Santander offers £500 off mortgage booking fees

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Santander offers £500 off mortgage booking fees to existing current account holders.

Existing current account holders can now take advantage of fixed and tracker rates starting from 2.04 per cent, with a booking fee of £495.

Available to both homebuyers and remortgagers, the deals include a two-year tracker at 2.04 per cent (base rate plus 1.54 per cent) available up to 70 per cent loan-to-value, a two-year fix at 2.39 per cent available up to 70 per cent LTV, and a five-year fix at 3.29 per cent available up to 70 per cent LTV.

There is also a two-year tracker at 2.94 per cent (base rate plus 2.44 per cent), available up to 85 per cent LTV, a two-year fix at 3.19 per cent, available up to 85 per cent LTV and a five-year fix at 3.85 per cent, available up to 80 per cent LTV.

All current account exclusive products come with Santander’s homebuyer or remortgage solutions, offering a free valuation and £250 cashback for those buying a new home, and a free valuation and £250 cashback or free legals for those re-mortgaging.

Miguel Sard, head of mortgages at Santander, said: “These products, together with the continued benefit of 1 per cent cashback to our 1|2|3 Current Account holders, demonstrate our commitment to providing our customers with good value, competitively priced mortgages.”