Remortgage Santander issue

bodone

Hello All,

Not sure if this is more a rant than anything else. Just finishing two year deal with Santander, rang them up to get a new deal and was suprised at the abysmal rate they offered. When queried they stated a really poor LTV percentage, i asked why and was told that they use the Halifax average house price value, irrespective if your house is at the top end valuation or bottom end.

This has screwed our LTV and when i asked if they would accept a revaluation of the house was told that was only done for new customers.

I've stayed with Santander despite them being inept in dealings with them in the past and i'm really pee'ed off with them that you cannot do anything in branch mortgage wise, it's all via a call centre. Anyway, rant over, they are a bunch of ......

So, can anyone recommend a good place to go for a 5 year fixed on £200k with an LTV of just over 70%?

Thanks all and apologies to any in store staff from Santander here, i really feel for your future if they keep pushing people to the tinternet.

Cheers.

stephenni1971

With those figures there are some pretty decent rates available but noprofessional adviser or broker can recommend anything without a factfind and more information on your circumstances.

Find a good whole of market broker - ideally not tied to an estate agent and I'm sure you will get sorted.

pjread

if it's "just over" 70% you might want to see about getting it "just under", if that's possible... might be the best guaranteed return on a couple of grand you could get....