Government Help

Santander relaunches Help to Buy mortgage deals

Christina Hoghton
Written By:
Christina Hoghton

The mortgages are available to those buying a newly built home under the government scheme

Santander is relaunching a range of Help to Buy mortgage deals on 1 May.

The lender withdrew its original products as a result of the disruption caused by the coronavirus pandemic restrictions.

It has since been steadily reintroducing products across its mortgage range, including buy-to-let remortgages.

Santander’s new Help to Buy range has a maximum of 60 per cent loan to value (LTV) and is available on purchases only for loans of up to £360,000.

It has two and five-year fixes offering fee and fee-free options.

The products available are:

  • Two-year fix at 1.44 per cent with £649 fee
  • Two-year fix at 1.69 per cent with £0 fee
  • Five-year fix at 1.74 per cent with £649 fee
  • Five-year fix at 1.89 per cent with £0 fee.