The product, which is available to homebuyers and remortgagers, has a maximum loan size of £1m and comes with the benefit of either the Homebuyer or Remortgage Solution.
The Homebuyer Solution offers borrowers a free standard mortgage valuation and £250 cashback on completion while the Remortgage Solution offers a free standard mortgage valuation and either free legals or £250 cashback on completion.
Miguel Sard, managing director of Santander for Intermediaries, said: “We are very pleased to launch this market leading product to support homebuyers and remortgagers.
"The product launch coincides with the launch of our new brand, Santander for Intermediaries and we expect this fantastic deal, which is available exclusively through our Key Account partners, to be highly sought after.”
Santander has brought all its intermediary product brands together under a new umbrella brand of Santander for Intermediaries, offering Abbey mortgages, Cater Allen Private Bank banking and cash management products, Santander General Insurance and the intermediary referral platform for Santander Current Accounts.
