Santander Mortgages is helping first-time buyers’ budgets has launched a range of fixed rate mortgage products offering £500 cashback.
The new deals come with no purchase fee and a free standard valuation alongside the £500 cashback, giving first-time buyers some extra money in the kitty – whether that’s to put away for a rainy day or to help with doing up their new home.
The new products include:
- 85% LTV 2-year fixed rate at 2.64% with a £999 fee – with £500 cashback
- 85% LTV 2-year fixed rate at 2.94% with a £0 fee – with £500 cashback
- 85% LTV 5-year fixed rate at 2.79% with a £999 fee – £500 cashback
- 85% LTV 5-year fixed rate at 2.99% with a £0 fee – £500 cashback
- 90% LTV 2-year fixed rate at 2.69% with a £999 fee – £500 cashback
- 90% LTV 2-year fixed rate at 2.99% with a £0 fee – £500 cashback
- 90% LTV 5-year fixed rate at 2.84% with a £999 fee – £500 cashback
- 90% LTV 5-year fixed rate at 3.04% with a £0 fee – £500 cashback
Graham Sellar, head of business development – mortgages at Santander said: “With living costs rising and people beginning to feel the pinch, our new £500 cashback gives first-time buyers a helping hand when they need it the most.”
