Can I get a mortgage?
To apply for a mortgage with us you need to:
- be at least 18 years of age and a UK resident
- want the mortgage for a property in the UK (but not in the Isle of Man)
- intend to live in the property
- have never had a home repossessed
- have never been declared bankrupt or subject to an individual voluntary arrangement
- be able to provide confirmation of all types of income
Use our calculator to see the mortgage rates that may suit you.
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|Estimated property value:||-|
|New estimated loan to value:||-|
|Additional loan term:||-|
Refine my results by:
|Additional loan types||Maximum loan to value||Initial rate||Differential to Bank of England base rate (currently 0.25%)||Then changing to Santander's Standard Variable Rate||The overall cost for comparison is (APR)||Product fee||Early repayment charge (ERC)||Monthly payment for additional loan||Compare up to three rates|
|ERC Free 2 year Tracker rate||85%||3.24%||2.99%||4.49%||4.3%||£0||NO ERC||-|
|3 year Fixed rate||85%||3.49%||n/a||4.49%||4.3%||£0||3%||-|
|2 year Fixed rate||85%||3.49%||n/a||4.49%||4.4%||£0||3%||-|
|ERC Free 2 year Tracker rate||85%||3.74%||3.49%||4.49%||4.4%||£0||NO ERC||-|
|3 year Fixed rate||85%||3.99%||n/a||4.49%||4.4%||£0||3%||-|
|2 year Fixed rate||85%||3.99%||n/a||4.49%||4.5%||£0||3%||-|
An additional loan of £33,000 payable over 19 years would require 24 monthly payments of £202.42 and 204 monthly payments of £214.19. This is based on an initial tracker rate for 2 years at 3.74% variable (Bank of England base rate, currently 0.25% variable, plus 3.49%) and then our Standard Variable Rate, currently 4.49% for the remaining 17 years.
The total amount payable would be £48,582. This is made up of the loan amount plus £15,552 interest, and a £0 product fee.
The overall cost for comparison is 4.4% APR representative.