From today, Santander is launching two new 70 per cent LTV mortgages, a 2-year tracker and a 2-year fix, available at Santander and Alliance & Leicester branches. 

The rates include:

• 2-year fix at 3.44% up to 70% LTV with a £995 fee (for purchase or remortgage)
• 2-year tracker at 2.49% up to 70% LTV with a £995 fee (for purchase or remortgage)

Santander is also reducing the rate on its 5-year fixed rate, which is available for purchase only and includes the Homebuyer Solution (free valuation and £250 cashback on completion).  The new market-leading rate is 5.44 per cent up to 75 per cent LTV with a £799 fee.

Phil Cliff, Mortgage Director for Santander commented: "Now is a great time to take advantage of the low mortgage rates available, whether customers are looking to fix or for a tracker, we have a variety of market-leading deals available."

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