Santander has launched two new 70 per cent LTV mortgages, a two-year tracker and a two-year fix, available at Santander and Alliance & Leicester branches. The rates include:
2-year fix at 3.44 per cent up to 70 per cent LTV with a £995 fee (for purchase or remortgage) 2-year tracker at 2.49 per cent up to 70 per cent LTV with a £995 fee (for purchase or remortgage) Santander is also reducing the rate on its 5-year fixed rate, which is available for purchase only and includes the Homebuyer Solution (free valuation and £250 cashback on completion). The new rate is 5.44 per cent up to 75 per cent LTV with a £799 fee. Phil Cliff, mortgage director for Santander commented: "Now is a great time to take advantage of the low mortgage rates available, whether customers are looking to fix or for a tracker, we have a variety of market-leading deals available."
Date: 3rd, February, 2010
Author: Ben Wilkie
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