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Santander/Abbey For Intermediaries – 2-Year BBR + 1.99% Tracker Remortgage

Santander – 2-Year BBR + 1.99% Tracker Remortgage

Type: Tracker remortgage

Tracker term: Two years

Tracker rate: 1.99% above the Bank of England base rate

Payable rate: 2.49%

Minimum loan: £6,000

Maximum loan: Up to 70% of valuation subject to a maximum of £550,000

Income multiples: Based on affordability

Conditions:  Capital repayments of up to 10% a year allowed without penalty in the fixed rate period subject to a £500 minimum, free valuation up to £1,190, free legal fees, available direct and through intermediaries

Arrangement fee: £995 booking fee £225 mortgage account fee

Redemption fee: 2% of the mortgage balance in the first two years plus £200 towards repayment of legal fees if mortgage repaid on or before June 2, 2013

Introducer’s fee: Refer to lender



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