The bank has acknowledged that saving up for a deposit to secure a mortgage can be one of the biggest investments a person makes within their lifetime. The new rates with zero booking fees are designed to help customers make their deposits go as far as possible.
The Loyalty range highlights include:
1.99% two year tracker, 80% LTV, with zero booking fee for purchase and remortgage
2.19% two year fixed, 80% LTV, with zero booking fee for purchase and remortgage
2.69% two year fixed, 85% LTV, with zero booking fee for purchase and remortgage
3.19% five year fixed, 80% LTV, with zero booking fee for purchase and remortgage
In addition, as part of the Loyalty range we offer a free standard valuation and £250 cashback for purchase customers or a free standard valuation and free legals for remortgage customers.
Miguel Sard, Head of Santander Mortgages, Santander said: “We know that saving for a deposit can be a long process and one of the biggest investments of a person’s life; we always look at how we can best support customers and pass on as much value as possible.
With this in mind, we have launched a range of zero booking fee products on selected high LTV products for purchase and remortgage and in addition we offer additional rate savings on our Loyalty range.”
