SFI launches market leading key account exclusives and reduces rates across the range

The range with no booking fees includes the following great deals:

•  Two-year fix with a rate of 2.44 per cent, available up to 60 per cent LTV to remortgagers only, available exclusively through Key Accounts
• Five-year fix with a rate of 2.99 per cent, available up to 70 per cent LTV to remortgagers only, available exclusively through Key Accounts

The intermediary lender is also making reductions to its standard range, including Help to Buy, on selected Homebuyer and Remortgage Fixed and Tracker rates up to 85% LTV.

For Help to Buy, the range includes:

•  Two-year fix with a rate of 3.24 per cent, with no booking fee
•  Five-year fix with a rate of 3.44 per cent, with no booking fee
• Two-year tracker with a rate of 3.24 per cent, with no booking fee

The new deals on offer within the standard range include:

• The lifetime tracker product has a new low rate of 2.49 per cent with a £495 fee, available up to 75 per cent LTV to homebuyer and remortgagers
• Two-year tracker with a rate of 2.09 per cent, with a £995 fee, available up to 60 per cent LTV to homebuyers and remortgagers
•  Two-year tracker with a rate of 2.14 per cent, with a £995 fee, available up to 70 per cent LTV to homebuyers and remortgager
• Two-year tracker with a rate of 2.69 per cent, with no fee, available up to 70 per cent LTV to homebuyers and remortgagers
• Two-year tracker with a rate of 2.39 per cent, with a £995 fee, available up to 75 per cent LTV to homebuyers and remortgagers
• Two-year tracker with a rate of 2.34 per cent, with a £995 fee, available up to 75 per cent LTV to Santander Existing customers moving home.
•  Two-year fix with a rate of 2.04 per cent, with a £995 fee available up to 60 per cent LTV to homebuyers and remortgagers
• Two-year fix with a rate of 2.24 per cent, with a £995 fee, available up to 70 per cent LTV to homebuyers and remortgagers
•  Two-year fix with a rate of 2.69 per cent, with no fee, available up to 70 per cent LTV to homebuyers and remortgagers
•  Two-year fix with a rate of 3.29 per cent, with no fee, available up to 80 per cent LTV to homebuyers and remortgagers
•  Two-year fix with a rate of 3.74 per cent, with no fee, available up to 85 per cent LTV to homebuyers and remortgagers
• Five-year fix with a rate of 3.69 per cent, with no fee , available up to 80 per cent LTV to homebuyers and remortgagers

The products come with the added benefit of either the Homebuyer or Remortgage Solution, with the exception of the lifetime tracker. The Homebuyer Solution offers borrowers a free standard mortgage valuation and £250 cashback on completion, while the Remortgage Solution offers a free standard mortgage valuation, and either free legals or £250 cashback on completion.

Miguel Sard, Managing Director of Santander for Intermediaries, said: “We are pleased to support intermediaries and their clients with further rate reductions across our range. In addition, we have launched a new range of market leading zero fee remortgage products, which are available exclusively through our Key Accounts partners. Most of these competitive new products come with the added benefit of our Homebuyer or Remortgage Solution, helping borrowers to save even more money whether they are buying a new home or remortgaging.

“We are committed to supporting intermediaries and their clients with great products, and we expect there to be strong demand for these highly competitive new deals.”

This launch coincides with a renewed focus on Santander UK’s core high street mortgage offering and the launch of the bank’s latest television advertising campaign. The new series of television adverts will feature Santander’s brand ambassadors Jenson Button, Rory McIIroy and Jessica Ennis-Hill and will broadcast on primetime television on the evening of Sunday 15 September 2013. The adverts mark a return for Santander mortgages, with Jenson Button featuring in the bank’s first mortgage advert for six years.