3 Nov

Santander cut mortgage rates on houses for sale UK

Santander cut mortgage rates on houses for sale UK

Santander has announced that from today (November 3rd 2010) its mortgage rates will be reduced to help people looking for houses for sale in the UK.

The financial services provider has launched a new two-year fixed-rate loan at 4.15 per cent for mortgages with a 75 per cent loan-to-value (LTV).

It has also cut the rates on some of its existing fixed-rate and tracker products, including reducing its two-year tracker at 80 per cent LTV by 0.22 percentage points to 2.55 per cent.

A spokesperson for the group said that the new deals have been launched in order to help borrowers find a good offer.

"We are committed to offering competitive deals to help and support borrowers and expect these latest rate reductions … to be extremely popular," it was stated.

Last month, Santander released two new mortgage products of 60 per cent LTV on its two-year tracker and fixed-rate loans.ADNFCR-1222-ID-800215309-ADNFCR

Cookies We use cookies to ensure that we give you the best experience on our website. To find out more about our cookies policy, see our cookies policy here or in the footer.