Santander will offer new two – and five-year products through its key intermediary accounts. These products include a two-year fix at 2.19 and a five-year fix at 3.19%, both available up to 70% LTV with a £995 booking fee.
BM Solutions’ range refresh includes the launch of a two-year fix at 3.14%. The product comes with a £995 fee and is available on loans from £25,001 to £250,000.
BM has also launched four two-year tracker products, starting from 3.04%.
Phil Rickards, head of BM Solutions, said: “Rates are increasingly competitive and I am pleased that we are able to expand our range, providing brokers and their clients more options.
“The added benefit of these particular products is the option of using the cashback to cover some of the costs associated with remortgaging.”
Brad Fordham, managing director of Santander for Intermediaries, said: “As the mortgage market starts to heat up for the summer, we are looking forward to supporting homebuyers and remortgagers with these competitively priced 70% LTV products.”
