Santander two-year tracker mortgage 'an excellent deal'

Date:Tuesday 1st June 2010
Author: Susanna Kavka

The new Santander two-year tracker mortgage offers consumers a competitive rate of interest and several other features, according to a representative from the firm.

Mortgage director at the financial services provider Phil Cliff made his comments after the organisation launched the home finance arrangement at 2.39 per cent interest for up to 70 per cent loan to value.

He suggested this product improves the range of options available to customers of the company and pointed out that a television advertising campaign is set to begin soon.

The Santander two-year tracker mortgage is open to existing current account holders and is on the market from today (June 1st).

Mr Cliff added: "When you consider this comes with Remo or Homebuyer solution, as well as a low £495 fee, this really is an excellent deal."

Last month, the firm revealed two-thirds of adults currently live within 50 miles of their home town, with 17 per cent having never left the place where they grew up.