Santander reduces rates on tracker mortgages

Monday, 22 November 2010 12:00

Rates on a selection of tracker mortgages offered by Santander have been reduced.

In addition, the money lender has introduced a new five-year 75 per cent loan-to-value (LTV) product with a rate of 4.59 per cent and a fee of £995, which is available to Loyal Movers customers.

The rate on a two-year 70 per cent LTV mortgage has been cut by 0.1 per cent to 2.99 per cent and is available exclusively to Current Account remortgagers for a payment of £995.

A three-year, fixed-rate 75 per cent LTV deal for homebuyers has been reduced by 0.1 per cent to 4.19 per cent and comes with a £995 fee.

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