Santander Announces Current Account Mortgage Exclusives
- New Three and Five-year Fixed and Two-year Tracker Products Available to Existing Santander Current Account and Investment Customers
LEICESTER, England, Nov. 26, 2010 /PRNewswire/ --
Today, Friday 26 November, Santander is launching three new remortgage products available exclusively to existing Santander Current Account and Investment customers:
- New two-year tracker at 70 per cent LTV for remortgagors, at 2.30 per cent with 995 pounds Sterling fee
- New three-year fixed at 60 per cent LTV for remortgagors, at 3.59 per cent with 995 pounds fee
- New five-year fixed at 60 per cent LTV for remortgagors, at 4.24 per cent with 495 pounds fee
All of the above products are available exclusively to existing Santander Current Account customers who have held the account for at least 3 months and existing Investment customers. All the products come with our Remortgage Solution which offers a free basic mortgage valuation, and either free legals or 250 pounds cashback on completion.
The Home of UK Mortgages is also reducing its two-year fixed at 60 per cent LTV Core range product to 2.65 per cent, down 0.04 per cent. The product has a 1,995 pounds fee.
Phil Cliff, Director of Santander Mortgages, said: "As the 'Home of UK Mortgages', we want to ensure we can reward our existing customers and these additions to our product range certainly do just that, demonstrating our commitment to offering a range of highly competitive mortgages to meet our customers' needs."
The information contained in our press releases is intended solely for journalists and should not be used by consumers to make financial decisions.
Notes to Editors:
- The Current Account range of mortgages are available to existing customers who have held their main bank account with Santander for more than three months. All Investment customers qualify except those with Cash ISAs only.
About Us
Banco Santander (SAN.MC, STD.N, BNC.LN) is a retail and commercial bank, based in Spain, with presence in 10 main markets. At the close of June 2010, Santander was the largest bank in the euro zone by market capitalization and, at the end of 2009, fourth in the world by profit. Founded in 1857, Santander had EUR 1,365 billion in managed funds. Santander has more than 90 million customers, 13,671 branches – more than any other international bank – and 170,000 employees. It is the largest financial group in Spain and Latin America, with leading positions in the United Kingdom and Portugal and a broad presence in Europe through its Santander Consumer Finance arm. In the first half of 2010, Santander registered euro 4,445 million in net attributable profit.
In the UK, Santander was formed out of the Abbey, Bradford & Bingley and Alliance & Leicester retail networks. It has over 1300 branches, around 4,500 cash machines and provides a full range of retail and corporate banking services to 25 million customers.
Santander UK also offer a wide range of insurance products including car, travel, home and life insurance.
For more information please visit http://products.santander.co.uk/
SOURCE Santander
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