Santander launches new BTL range
Santander has launched a new range of competitive buy to let and residential large loan products. It reinforces its support for second steppers and those keen to move home, as well as those keen to invest in property.
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At 60% LTV, it has introduced a 2 year fixed rate at 2.29% (with £1995 booking fee) and a 5 year fixed rate at 3.29%, also with a £1995 booking fee.
It has also launched two 75% LTV 2 year deals, both at 2.84% - one, a fixed rate, has a £1995 booking fee, and the tracker option comes with a £995 booking fee.
Santander’s Buy to let mortgages come with Santander’s Homebuyer Free Valuation for purchase customers or a Free standard valuation & Remortgage Cashback for remortgage customers.
Miguel Sard, Santander’s Managing Director of Mortgages said:
“Throughout 2015, we have worked hard to support all areas of the market. We hope these new rates on residential large loans will help support the second steppers, keen to move up the housing ladder and the competitive buy to let rates launched today will enable people looking to invest in property make it a reality.”
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