Santander has introduced new Loyalty range rates with zero booking fees.
New deals include:
- 1.99% two year tracker, 80% LTV, with zero booking fee for purchase and remortgage
- 2.19% two year fixed, 80% LTV, with zero booking fee for purchase and remortgage
- 2.69% two year fixed, 85% LTV, with zero booking fee for purchase and remortgage
- 3.19% five year fixed, 80% LTV, with zero booking fee for purchase and remortgage
In addition, as part of the Loyalty range Santander offers a free standard valuation and £250 cashback for purchase customers or a free standard valuation and free legals for remortgage customers.
Miguel Sard, head of Santander Mortgages, said: “We know that saving for a deposit can be a long process and one of the biggest investments of a person’s life; we always look at how we can best support customers and pass on as much value as possible.
“With this in mind, we have launched a range of zero booking fee products on selected high LTV products for purchase and remortgage and in addition we offer additional rate savings on our Loyalty range.”
The majority of Santander’s standard residential mortgages come with its Homebuyer Free Valuation for purchase customers or Remortgage Solution for remortgage customers.
In addition, Santander 1|2|3 Current Account customers who pay their monthly Santander mortgage payment by direct debit will receive 1% cashback on maximum monthly mortgage payments of up to £1,000.