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Santander is a major mortgage provider in the United Kingdom. With almost £170bn of UK mortgage loans and serving over 14million customers, Santander is one of the biggest banks in the UK.
Yes, under certain conditions, you should be able to port your Santander mortgage when you move house. This means that you will take your Santander mortgage with you when you move, rather than having to close it and apply for a new one.
According to data from Which?, Santander is joint 8th out of 16 mortgage lenders when it comes to customer satisfaction. Santander also featured consistently in their list of more than 200 cheapest mortgage deals available to UK borrowers.
How much you can borrow will depend on your personal circumstances, however, as a general guide, Santander can offer you between 4.45 to 5.5 x your annual income. This will also vary depending on the Loan to Value of the mortgage.
Yes, If you're a Santander Online Banking customer, you can make your mortgage payments online using their BillPay service.
Yes, it is possible to make overpayments on Santander mortgages up to a maximum of 10% of the outstanding mortgage balance annually. If you exceed this threshold, you could face paying early repayment charges.
Yes, it may be possible to get a Santander mortgage with bad credit. However, this is reviewed on a case by case basis, and depends on factors such as the type of mortgage you're looking for, the age and severity of the adverse credit, and how much you're looking to borrow.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY.