Santander Mortgages Launched Exclusively For Existing Customers

Santander has launched a new range of mortgages this week for its existing current account customers.

The mortgages will offer exclusive rates of 2.39 per cent on up to 70 per cent loan to value tracker mortgages and remortgages of up to £250,000, and with a fee of £495.

Other new mortgage deals from Santander include a two year fixed rate mortgage of 2.90 per cent, up to 60 per cent LTV, with a fee of £1,995 up to a maximum of £250,000.

Also on offer is a range of 75 per cent loan to value deals aimed at meeting the needs of homeowners looking to borrow larger loans of between £550,000 and £750,000 – one is a two year fix at 3.55 per cent for loans of with a £1,995 fee; and two year tracker mortgages for homebuyers and remortgage customers, offering up to 75 per cent LTV at a rate of 2.70 per cent, with a £1,995 fee.

Commenting on the new deals, Phil Cliff, director of Santander Mortgages, said:  “We started the year with great rates and an excellent choice of products and this is set to continue as we enter the second half of 2010.”

He adds: “Of course, Santander continues to offer a range of competitive mortgage deals for new customers as well as existing customers.”

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