Santander has launched what it claims to be its ‘lowest ever’ two-year fixed rate at 1.84 per cent, up to 60 per cent loan-to-value and £995 fee for remortgage customers.
This comes at the same time as additional reductions across a wide range of two and five year fixed and tracker platforms.
The new two and five year rates include a two year fix at 2.29 per cent (reduced by 0.20 per cent) available up to 80 per cent loan to value for homebuyers and remortgagers and a five year fix at 3.44 per cent (reduced by 0.15 per cent) available up to 80 per cent LTV for homebuyers and remortgagers.
The new rates also include a two-year tracker at 2.04 per cent (reduced by 0.30 per cent) available up to 80 per cent loan to value for homebuyers and remortgagers.
Miguel Sard, head of Santander mortgages, Santander said: “This is good news all round for customers, whether they are looking to remortgage or buy a new home. We are delighted to end the year by offering some of the lowest rates available in the market, and both customers and brokers should take advantage of these limited offer deals while they can.”
ruth.gillbe@ft.com
