Santander’s broker channel, which rebranded from Abbey for Intermediaries earlier this week, will offer the product up to 75% LTV with a £995 fee.
The mortgage has a maximum loan size of £1m and is available to both homebuyers and remortgagors.
Miguel Sard, managing director of Santander for Intermediaries, said: “We are very pleased to launch this market leading product to support homebuyers and remortgagors.
“The product launch coincides with the launch of our new brand, Santander for Intermediaries and we expect this fantastic deal, which is available exclusively through our key account partners, to be highly sought after.”
The Santander for Intermediaries range includes Abbey mortgages, Cater Allen Private Bank banking and cash management products, Santander general insurance and Santander current accounts.
