View more on these topics

Santander launches direct-only five-year fix at 2.99%

Santander has launched a direct-only five-year fixed rate mortgage at 2.99 per cent up to 60 per cent loan-to-value.

The product is only available to customers existing current account and mortgage customers.

The lender has also launched new three- and five-year fixed rates available up to 60 per cent LTV for intermediaries.

The three-year fix is available for 2.99 per cent and a £1,495 fee and the five-year product is available for 3.49 per cent, also for a £1,495.

Both products are available to purchase and remortgage customers.

The two products are available to selected key account partners, including Intrinsic, Tenet, Sesame Bankhall, Countrywide, SimplyBiz, LSL and London & Country.

Abbey managing director Miguel Sard says: “We are very pleased to support the intermediary market with these market-leading deals, which are available exclusively through selected Key Account partners. We expect these great rates to be very well received by borrowers looking for the peace of mind of a fixed rate deal in today’s challenging market conditions.”

Last week, HSBC launched a five-year fixed rate up to 60 per cent LTV at 2.99 per cent.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com