Birmingham Live - Santander bringing in 'landmark' change to accounts 'starting on Tuesday'

In a “landmark moment” for mortgages, Santander has just announced a sub-4 per cent 2-year fixed rate for purchase up to 60 per cent Loan to Value, starting Tuesday. A variety of other rate cuts and changes have also been announced.

Brooklyns Financial's Harps Garcha said: "Friday the 13th just got a whole lot better. After a week of rate reductions, Santander has raised the stakes with a sub-4% offer on a two-year fixed rate. It’s exciting to see how this will shake things up and who will follow suit next week."

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