Santander launches a 10 year fix at under 3%.

Santander has announced the launch of a fixed rate mortgage for borrowers looking for long term security. The new deal is for 10 years fixed at 2.79% for up to 60% LTV. In addition to this new mortgage the lender has also refreshed other deals across its fixed rate range. 

Range highlights now include:

  • A 2 year fix for up to 60% LTV 1.34%.
  • A 2 year fix for up to 90% LTV 2.44%.
  • A 5 year fix for up to 60% LTV 2.09%.
  • A 5 year fix for up to 75% LTV 2.29%.

The lender is also offering other fixed rate products at 80%, 85% and 90% LTV with £250 cashback upon completion.

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Santander’s buy-to-let range has also been refreshed, range highlights now include;

  • A 2 year fix up for to 60% LTV - a 1% product fee is charged.
  • A 2 year fix for up to 75% LTV - a 1% product fee is charged.

In reaction to the base rate cut, tracker rates have also been reduced, deals start at 1.44% for up to 60% LTV and 1.79% for 85% LTV.

If you want to compare Santander’s newly refreshed mortgage range against deals in the wider market, call us at Deal Direct.

We are an independent and ‘whole of market’ broker with access to all lenders mortgage ranges market-wide.

For advice and a low rate quote call us on 0800 048 8828

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Article published: Friday, August 26, 2016
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