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Santander Relaunch 90% LTV Mortgages

Santander relaunches its 90% LTV offering for first time buyers along with a host of other mortgage savings ..


Editorial Team | 27th January, 2021

Santander has launched two 90% LTV mortgages with five-year fixes for first time buyers only, the lower rate is offered with a £999 fee and an interest rate of 3.6%, while the fee-free equivalent has a rate of 3.79%.

  • 90% LTV 5 year fixed at 3.60% with £999 fee

  • 90% LTV 5 year fixed at 3.79% with £0 fee

In addition the bank has also launched reduced selected fixed rates up to 0.05% and new Help to Buy products with extended 9-month completion deadline and reducing selected Help to Buy rates and fees. (see mortgage offerings below)


NEW 60% LTV – purchase & remortgage

  • 60% LTV 2 year tracker at 1.69% with £999 fee

Residential reductions

  • 75% LTV 2 year fixed at 1.44% with £999 fee – decreased by 0.05% – remortgage

  • 75% LTV 2 year fixed at 1.54% with £999 fee – decreased by 0.05% – purchase

  • 85% LTV 2 year fixed at 2.79% with £999 fee – decreased by 0.05% – purchase & remortgage

  • 75% LTV 5 year fixed at 1.65% with £999 fee – decreased by 0.04% – remortgage

  • 75% LTV 5 year fixed at 1.84% with £999 fee – decreased by 0.05% – purchase

  • 85% LTV 5 year fixed at 3.04% with £999 fee – decreased by 0.05% – purchase & remortgage

Help to Buy – NEW purchase only (with extended 9-month completion deadline)

  • 60% LTV 2.5 year fixed at 1.39% with £999 fee

  • 60% LTV 5.5 year fixed at 1.83% with £999 fee

  • 75% LTV 2.5 year fixed at 1.87% with £499 fee

Help to Buy reductions (standard deadlines)

  • 60% LTV 2 year fixed at 1.34% with £999 fee - decreased by 0.05%

  • 60% LTV 5 year fixed at 1.78% with £999 fee – decreased by 0.02%

  • 75% LTV 2 year fixed at 1.82% with £499 fee – decreased by 0.01% and fee reduced by £500

  • 75% LTV 5 year fixed at 1.84% with £999 fee – decreased by 0.25%

Santander is the latest bank joining HSBC, Coventry Building Society, NatWest, Barclays, Nottingham Building Society, the Yorkshire Building Society, Halifax and Virgin Money in reintroducing 90% LTV mortgages.

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