Santander launches a first time buyer mortgage range with rates from 1.49%.
Santander has announced the launch of a new mortgage range which is exclusively available for first-time buyers.
Rates start at 1.49% for a 2 year fix for buyers with a 40% deposit, the fee charged is £995.
For smaller deposit buyers a 75% LTV 2 year fix is on offer at 1.64%. For those with a 15% deposit a 2 year fix for 85% LTV is available at 1.99%. Both mortgages have a £995 booking fee.
In addition three 95% first time buyer mortgages have also been launched. Details are as follows:
- A 2 year fix at 3.99% fee free.
- A 5 year fix at 4.74% fee free.
- A 2 year tracker at 3.99% fee free.
If you are a first time buyer looking to climb on the property ladder call us at Deal Direct. We will compare all mortgages on offer at your deposit level to find you the one which is most competitive overall.
Our advice is independent and impartial and based on what is in your best interest.
To speak to an adviser call us on 0800 048 8828 and let us find you a mortgage to purchase a home.