Santander offering its lowest ever two-year fixed rate mortgage
Santander for Intermediaries is offering its lowest-ever fixed rate mortgage.
Their two-year fixed rate is priced at 1.84% and it has an APR of 4.4%. The maximum loan size is £1 million.
It is available to borrowers with a 40% deposit and it has a £995 arrangement fee. Early repayment changes apply for the first two-years.
Aaron Strutt, product manager at Trinity Financial, says: “Santander have changed their mortgage rates 26 times so far this year and their fixes have been improved very regularly. At the minute some of their tracker rates are also particularly good value for money.
“They are one of the few lenders still offering to pay for the property valuation even on a property purchase. They will also lend up to five-times both single and joint incomes.”
After the fixed rate period the mortgage will revert to the lenders standard variable rate, currently 4.74%.
If you would like help to secure a leading mortgage rate, call Trinity on 020 7016 0790.
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