Home > News > Santander continues to improve its mortgage service

Santander continues to improve its mortgage service

Santander has announced further reductions in mortgage rates across residential fixed rate products and its Buy to Let range for new homebuyers and re-mortgage customers.

Residential fixed rates have been reduced by up to 0.50%, with the lowest rate now at 3.99%¹. The bank is reducing rates across LTV brackets and two, three and five-year fixed terms deals, providing greater choice for customers.

Changes made today include:

60% LTV five-year fixed rate at 3.99% with a £999 fee for re-mortgages (reduced by 0.19%)
75% LTV five-year fixed rate at 4.15% with a £999 fee for house purchases (reduced by 0.13%)
85% LTV five-year fixed rate at 4.34% with a £999 fee for house purchases (reduced by 0.16%)
90% LTV five-year fixed rate at 4.59% with a £999 fee for house purchases (reduced by 0.12%)

To support first-time buyers and customers with smaller deposits purchasing a home, the most significant rate reduction of 0.50% is on the 95% LTV 5-year fixed rate product now at 5.14%, which has no fee and comes with £250 cashback.

Graham Sellar, Head of Business Development, Mortgages at Santander, said: “These rate reductions will help customers right across the mortgage market, whether buying their first home, moving house or re-mortgaging. We are increasing customer choice by reducing rates in a range of LTV brackets and across two, three, and five-year fixed deals.”

“Santander mortgage customers will also benefit from innovative services such as My Home Manager, which provides easy, practical and tailored support to help manage home running costs. From help moving into information on how to save money on energy bills and access to green technology such as solar panels, we continue to look for new ways to help customers manage their homes.”

HICH LTD has continually raised the quality standards in the UK property survey market. Our multi-award-winning property survey service has made us the leading reference in the property survey market.

We offer property survey services of the highest quality. Using state-of-the-art equipment, we provide excellent property surveys at affordable prices. Our prices are based on the number of rooms rather than the value of the properties, so you will always get the best value for money with our services.

Please look at our Trustpilot page and see why customers have chosen us as their favourite property survey provider!

At HICH LTD, we work to serve our clients and make the world a better place for everyone. We actively collaborate with NGOs to promote environmental, social and charitable causes. If you want to know more about our efforts or how you can help, contact us at admin@hich-ltd.co.uk.

HICH LTD extends a warm invitation to contractors and service providers throughout the UK to join our network; by joining the Contractors and Service Providers Network, you will enjoy benefits such as a significant increase in customer flow, advertising on our high-traffic website, and direct contact with thousands of customers in your post code area. Find more information here or by following the QR code in the following video.