Santander presents two new mortgages

Santander announces new tracker mortgages

Santander has announced details of additions to its range of mortgages though some of the best deals are only available to existing customers.
Santander launch new cash ISAs

Santander has launched two new postal cash ISAs. Its two-year product pays between 3.25 and 3.50% and its one-year offering pays between 2.75 and three per cent.

Wednesday, 03 February 2010 12:00

Santander has launched two new mortgages for customers who need to borrow up to 70 per cent of their property's value.

A two-year fixed-rate mortgage with a rate of 3.44 per cent is now available with a fee of £995. And a two-year tracker is also being launched with a 2.49 per cent rate and a £995 fee.

Meanwhile, Santander is also cutting the rate on its five-year fixed rate mortgage to 5.44 per cent. This is available for 75 per cent loan-to-value deals, comes with a £799 fee and includes free valuation and £250 cashback on completion.

Phil Cliff, mortgage director for Santander, said: "Now is a great time to take advantage of the low mortgage rates available, whether customers are looking to fix or for a tracker, we have a variety of market-leading deals available."

The newly-launched mortgages are both available for purchase or remortgage deals. The five-year fixed rate is for purchases only.

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