Santander has today (February 3rd) launched two new loan to value (LTV) mortgages, a new two-year tracker and a two-year fix, at its Alliance and Leicester and Santander branches.
Consumers of the Spain-based bank are being offered a two-year fix at 3.44 per cent up to 70 per cent LTV with a £995 fee to purchase the mortgage or to remortgage .
In addition, the two-year tracker is available at 2.49 per cent up to 70 per cent LTV with a £995 fee.
Santander has also decided to reduce the rate on its five-year fixed rate term at 5.44 per cent up to 75 per cent LTV with a £799 fee.
Phil Cliff, Santander's mortgage director, explained: "Now is a great time to take advantage of the low mortgage rates available, whether customers are looking to fix or for a tracker, we have a variety of market-leading deals available."
Meanwhile, Santander recently rebranded its Abbey and Bradford and Bingley branches to ensure that all of its international operation exists under the same brand name and image.
Bank Santander unveils new mortgage products
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Bank Santander unveils new mortgage products
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