'Security and flexibility' offered by Santander mortgages

Date:Monday 22nd November 2010
Author: Max Freedman

Consumers can benefit from flexibility and security with a range of Santander mortgages, according to a spokesperson from the company.

Phil Cliff, director of mortgages at the firm, made his remarks after the financial services provider dropped the interest rates on several different products by up to 0.2 per cent.

"[We] are pleased to be able to support customers with our latest rate cuts - ideal for those looking for the security of a great fixed rate deal or the flexibility of a tracker," he said.

Among the arrangements that had their interest rates reduced are two, three and five-year fixed rate products.

Mr Cliff also highlighted a two-year tracker deal that is available at 2.09 per cent interest for up to 60 per cent loan-to-value agreements, but only for Santander current account customers.

When the product was launched last week, he noted that the qualification period had been cut from six months to three months and said this should allow more people to benefit from the offer.