And the bank has also launched a 3.19% 5-year fix up to 80% LTV purchase and remortgage deal with zero booking fee.
Miguel Sard, head of mortgages, Santander, said: “We know that saving for a deposit can be a long process and one of the biggest investments of a person’s life; we always look at how we can best support customers and pass on as much value as possible.
“With this in mind, we have launched a range of zero booking fee products on selected high LTV products for purchase and remortgage and in addition we offer additional rate savings on our Loyalty range.”