Santander refreshes fixed range

Following the reductions 2-year fixes stand at 1.89% to 60% loan-to-value, 2.04% to 75% LTV and 2.34% to 85% LTV with no fee.

Santander has refreshed its fixed range of mortgages by cutting existing rates by up to 0.35% and launching new products.

Following the reductions 2-year fixes stand at 1.89% to 60% loan-to-value, 2.04% to 75% LTV and 2.34% to 85% LTV with no fee.

The lender’s no fee 5-year fixes meanwhile stand at 2.79% to 75% LTV and 3.19% to 85% LTV.

Brad Fordham, Santander’s managing director of intermediaries, said: “We want to support people get a foot on the housing ladder.

“We hope that these reductions in rates coupled with improving our range of zero booking fee options will help customers keep their upfront costs down and secure their dream home.

“Along with this, we have launched some excellent new, competitive rates which will enable all buyers, whatever their needs to secure a strong rate that’s right for them.”

Santander has also launched a small deposit range with a £995 fee, with 2-year fixes standing at 1.84% to 80% LTV and 2.59% to 90% LTV. Its 5-year fix is priced at 3.49% to 90% LTV.