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Santander raises 85 per cent LTV rates and adds product

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  • 12/10/2020
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Santander raises 85 per cent LTV rates and adds product
Santander is increasing interest rates on its 85 per cent loan to value (LTV) range and adding a new product.

 

The lender currently has two products available at 85 per cent LTV – the highest LTV it offers for new business purchase and remortgage.

From 13 October both the two- and five-year fixed rate deals which have a £999 fee will be increased by 20 basis points to 2.99 per cent and 3.14 per cent respectively.

Santander is also adding a three-year option to its range at the same time.

This will also be at 2.99 per cent and has a £999 fee.

 

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