The new product at 60 per cent loan-to-value and 2.09 per cent is available to Santander Current Account customers hoping to remortgage .
Furthermore, the new offer comes with a ?995 fee and comes with the Remortgage Solution which offers a free basic mortgage valuation .
In addition, it comes with a free basic mortgage valuation or ?250 cashback on completion.
Phil Cliff, director of Santander Mortgages, explained: "As the home of UK mortgages, our latest competitive tracker product rewards existing Current Account customers with a great rate.
He added: "Slashing the qualification criteria to three months ensures that existing Santander Current Account customers - or those who have recently switched and are looking to remortgage - can make the most of this opportunity and get a great product."
Meanwhile, Chris Horne, editor of Property Hawk, observed recently that the buy-to-let mortgage market is likely to take "several years" before it returns to its pre-recession condition.?
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