'Reduced mortgage rates' introduced by Santander

‘Lowest ever’ five year fixed rate mortgage from the Chelsea

Chelsea Building Society has unveiled its lowest ever five year fixed rate mortgage. The 70 per cent LTV deal is available at 3.19 per cent.
Nationwide launches competitive new fixed-rate mortgage

Nationwide has announced the launch of a new two-year fixed-rate mortgage that is designed to help first-time buyers in particular.

Thursday, 08 July 2010 12:00

Santander has announced it is to reduce the rates on its two and five-year fixed mortgages.

The changes will come into effect as of today (July 8th).

They include the lessening of the five-year fixed-rate to 5.25 per cent from its previous 5.44 per cent level and up to 75 per cent loan-to-value (LTV).

And the two-year fixed offer will be lowered from 3.3 per cent to 3.19 per cent and includes up to 70 per cent LTV.

Phil Cliff, mortgage director at the organisation, said: "We want to offer our customers competitive rates and a good variety of products."