Santander has launched its first mortgages under the government's Help to Buy equity loan scheme.
The lender will launch three products exclusively through the Santander for Intermediaries website today, with the mortgages becoming available on sourcing systems tomorrow. Products are available at 75% with a further 20% equity loan contributed by government. These include a two-year fixed at 3.29%, a five-year fixed at 3.49% and two-year tracker at 3.29%. Santander will offer these mortgages with a free valuation, no booking fees and £250 cashback on completion. Figures released earlier this month showed that almost 7,000 Help to Buy reservations had been made in the three month...
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