Santander launches new ‘market leading remortgage rates’

Santander has launched a new range of buy-to-let mortgages and reduced borrowing rates by up to 0.3% on existing fixed-rate products.

From today, the lender is offering a two-year fixed rate product at 2.29% up to 60% loan-to-value (LTV) and a two-year fix at 2.59% up to 75% LTV for BTL remortgage, with no product fee, free standard valuation and £250 cashback on completion.

Five-year buy-to-let fixed rate deals are also available at 2.45% up to 60% LTV and 3.04% up to 75% LTV, both with a £1,999 product fee, free standard valuation and £250 cashback.

Miguel Sard, managing director of mortgages at Santander UK, commented: “Following our announcement a couple of weeks ago about our new affordability approach for buy-to-let customers, we are very pleased to now introduce some market leading remortgage rates to further support this important sector of the market.” 

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions.
If any post is considered to victimise, harass, degrade or intimidate an individual or group of individuals, then the post may be deleted and the individual immediately banned from posting in future.
Please help us by reporting comments you consider to be unduly offensive so we can review and take action if necessary. Thank you.