Santander has launched a new first-time buyer mortgage, a two-year fixed rate at 5.45%, up to 90% LTV. It has a fee of £99. It also comes with the Homebuyer Solution which offers a free basic mortgage valuation and £250 cash-back on completion.
The lender has also introduced a two-year fixed rate deal at 85% LTV with a 4.99% rate and £495 fee available exclusively to Current Account customers, as well as a two-year fixed product at 85% LTV with a 4.99% rate and £995 fee. Both products come with Santander’s Remortgage Solution.
Phil Cliff, director of Santander Mortgages, said: “As the ‘Home of UK Mortgages’ we remain committed to helping first time buyers and those looking to move. Our great new products