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Saturday, 11 May 2013

Santander launches zero fee mortgage range

Santander Mortgages is today launching a new range of 2, 3 and 5 year fixed and tracker products with no up-front booking or arrangement fees.
The range has been launched particularly to support first-time buyers and all Zero Fee products will retain the free valuation and £250 cashback featured with other Santander mortgages. The range includes products at 85-90% LTV.

Phil Cliff, Director of Santander Mortgages, said:

"Now is a great time to take advantage of competitive rates available on mortgages up to 90% LTV.  As one of the major mortgage lenders in the UK, we continually review our product offering to help customers in the current tough economic conditions.  It's especially first time buyers that struggle to find the extra money for the fees on a mortgage - so they can be a barrier to FTBs getting a foot on the ladder - so we're doing our bit to help them."

Wednesday, 8 May 2013

NatWest launches new 90% LTV deals; offers sub-2% fix via brokers

NatWest Intermediary Solutions has launched a number of new mortgage products at 90% LTV and has also reduced its two-year fix to 1.95%.

From tomorrow the lender will offer a two-year fixed rate product at 4.59% and a five-year fixed rate at 4.99%, both with product fees of £995. Six other products will also launch, including a pair of buy-to-let mortgages and two fee-free fixed rates.