Santander offering £1 million plus mortgages
Santander for Intermediaries has launched a range of fixed rates available to borrowers looking for £1 million plus mortgages.
Santander's lowest two-year fixed rate is 2.54% and they also offer a five-year fix at 3.04%. Both mortgages are available to borrowers with a 30% deposit.
If you have a 25% deposit the mortgage rates are slightly more expensive. For example, the two-year fix increases to 2.64% and the five-year fix rises to 3.24%.
All of these mortgages have £1,995 arrangement fees.
Aaron Strutt, product manager at Trinity Financial, says: "Santander still offers interest-only unlike many of the other lenders and this makes them more attractive."
Santander's standard variable rate is 4.74%.
If you would like help to secure a large mortgage loan, call us on 020 7016 0790.
August 19, 2013
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