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Santander withdraws 5-year fixed mortgage rates - The Intermediary - Latest UK mortgage news

Summary by theintermediary.co.uk
Santander will withdraw its 3.99% 5-year fixed rates for new business and product transfers at 10pm on 21st February 2025. This decision comes after a recent rise in 5-year market swap rates. In line with their broker pledges, Santander is ensuring a minimum of 24 hours’ notice before the withdrawal. Santander’s withdrawal affects several products, including the 60% loan-to-value (LTV) 5-year fixed rate at 3.99% with a £1,749 fee for remortgages…
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theintermediary.co.uktheintermediary.co.uk

Santander withdraws 5-year fixed mortgage rates - The Intermediary - Latest UK mortgage news

Santander will withdraw its 3.99% 5-year fixed rates for new business and product transfers at 10pm on 21st February 2025. This decision comes after a recent rise in 5-year market swap rates. In line with their broker pledges, Santander is ensuring a minimum of 24 hours’ notice before the withdrawal. Santander’s withdrawal affects several products, including the 60% loan-to-value (LTV) 5-year fixed rate at 3.99% with a £1,749 fee for remortgages…

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theintermediary.co.uk broke the news in on Thursday, February 20, 2025.
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