Santander has unveiled a range of exclusive new products to support its existing mortgage holders who are looking to move home.
New deals include:
- Two year tracker at 2.04%, up to 75% LTV
- Two year fix at 2.49%, up to 80% LTV
- Five year fix at 3.44%, up to 75% LTV
In addition to these new products, Santander is also reducing its five year fixed rate Existing Mover Exclusive from 3.79% to 3.59% (up to 80% LTV).
All of Santander’s Existing Mover Exclusive products come with a booking fee of £995, plus its Homebuyer Solution offering a free valuation and £250 cashback for those buying a new home.
Santander 1|2|3 Current Account customers who pay their monthly Santander mortgage payment by direct debit will also receive 1% cashback on maximum monthly mortgage payments of £1,000.
Miguel Sard, head of mortgages at Santander, said: “We are delighted to reward our existing mortgage customers with some of the most competitive deals on the market.
“These new rates, together with our offer of 1% cashback to our 1|2|3 Current Account holders, clearly demonstrate our commitment to supporting our customers, both new and existing, as they make their way up the housing ladder.”