Santander reduces five-year mortgage rates

Yorkshire BS cuts rates on 90% LTV mortgage range

The Yorkshire Building Society has announced that it has cut the rates on its 90 per cent LTV mortgage range as well as adding options for deals with lower fees.
Nationwide cuts interest rates on all five-year fixed rate mortgages

Nationwide has announced that it is cutting the interest rates on its entire range of five-year fixed rate mortgage deals.

Thursday, 11 February 2010 12:00

Santander has altered its mortgage rates, reducing the interest on its five-year fixed products.

The financial company has reduced its fixed-rate by 0.25 per cent and has introduced two new rates which are fee-free.

Current deals include a new buyers 4.99 per cent five-year deal with 70 per cent loan-to-value ratio, which also includes a free valuation and £250 cashback, while the 5.15 per cent offer for remortgages also includes free valuation and legals.

Phil Cliff, mortgage director for Santander, said: "Once again, we are reducing the rates on our market-leading fixed and tracker mortgages."

Other offers from the organisation on its three-year deals include a fee-free 3.09 per cent homebuyer deal with 75 per cent loan-to-value ratio and a 3.14 per cent remortgage offer.