Santander launches new remortgage product
A new two-year fixed remortgage product has been launched by Santander.
The bank suggests homeowners looking to take action ahead of a possible change to rates may be interested in the mortgage, which offers 3.59 per cent with a £995 fee at 75 per cent loan-to-value (LTV).
In addition, the company has made a 0.1 per cent reduction to its two-year remortgage tracker at 60 per cent LTV, meaning it is 2.19 per cent with a fee of £1,495 or 3.44 per cent with a fee of £995.
Director of Santander Mortgages Phil Cliff stated the firm is "committed to helping homeowners - whether they are first-time buyers or those looking to move".
He said individual needs of homeowners could also be met by changes made to the homebuyer and remortgage ranges.
Mr Cliff added people who are keen to get on to the property ladder could be helped by its "competitive rates and fees".
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