Miguel Sard, managing director of Abbey for Intermediaries, said: “We are very pleased to support the intermediary market with these market-leading deals, which are available exclusively through selected Key Account partners.
“We expect these great rates to be very well received by borrowers looking for the peace of mind of a fixed rate deal in today’s challenging market conditions.”
Both products come with a £1495 fee and with AfI’s Homebuyer or Remortgage Solution and are available to selected key accounts.
The Homebuyer Solution includes free standard mortgage valuation and £250 cashback on completion, while the Remortgage Solution offers a free standard mortgage valuation, and either free legals or £250 cashback on completion.
Fees can be added to the loan and the maximum loan size on all products is £550K.
The selected Key Account partners eligible to access these products are:
o Intrinsic
o Tenet
o Sesame Bankhall Group including PMS’ directly authorised intermediaries
o Countrywide
o Simply Biz including Simply Biz Club’s directly authorised intermediaries
o LSL Group
o London & Country
Santander has launched a direct-only five-year fixed rate mortgage at 2.99 per cent up to 60 per cent loan-to-value.
The product is only available to customers existing current account and mortgage customers looking to purchase a new home. It does not come with any other added benefits, like a free standard valuation, free legals or any cash back options, like with some of the lender’s other products.
