Santander launches new remortgage rate

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Santander launches new remortgage rate

Existing homeowners looking for a suitable remortgage deal could be interested in the latest announcement from Santander.

Starting today (July 8th), prospective buyers are able to take advantage of reduced rates on a new two-year product in a bid to help struggling individuals.

As part of the exclusive offer, payments have been cut to 3.55 per cent with no fees and 75 per cent loan-to-value for customers.

In addition, the lender has slashed rates across its Flexi Homebuyer and remortgage products, which are also available to new homebuyers.

"As the 'Home of UK Mortgages', we understand the challenges faced by today's homeowners and are committed to supporting borrowers across the UK," remarked director Phil Cliff.

The mortgage company has recently announced plans to move its India-based call centres back to the UK following a customer feedback scheme

Creating 500 jobs through Liverpool, Leicester and Glasgow, the transfer will be carried out in a bid to improve services for individuals.

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