Santander launches two new 60 per cent LTV products

Santander has launched two new products offering competitive mortgage rates for remortgage customers looking to take out a 60 per cent loan to value LTV deal.

The competitive mortgage rates on offer are a tracker at 2.19 per cent and a fixed-rate at 2.99 per cent, both coming with a £995 fee and a completion date on January 31st 2011 on the fixed-rate product.

A spokesperson at Santander, said: "Our new 60 per cent LTV products offers remortgage customers very competitive rates."

As well as the two new products Santander is reducing its rates on its current products with a reduction of 0.35 per cent on a two-year tracker at 70 per cent LTV, reducing its rate to 2.55 per cent.

The lenders fixed-rates have also been reduced for borrowers looking to remortgage with the largest decrease of 0.23 per cent on the two-year fixed-rate 75 per cent LTV offering.

Santander believes that its new rates provide great products for both homebuyers and those looking to remortgage whether they are new or existing customers.
 

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2010-10-29 13:33:33 © Moneyextra.com