Important information

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

All applications are subject to status and our lending criteria. This means that the amount we will lend you will depend on your individual circumstances, the type of property and the amount you borrow. For example, we may require a higher deposit if you are buying a flat or a new build property.

 

Important information

  • Rates correct as at 30 November 2016.
  • The calculator gives you an idea of what the mortgage costs could be and is for illustrative purposes only. 
  • All offers are subject to availability and may be withdrawn at any time.
  • Online exclusives - these mortgage deals are only available online when you complete a full mortgage application on santander.co.uk. These deals are not available in our branch or telephone channels. Please remember if you apply online you need to be comfortable selecting your own mortgage without receiving advice from a Santander Mortgage Adviser.

Early repayment charges

  • Fixed rates - you can overpay up to 10% each calendar year (January to December) on your fixed rate loan amount without paying an early repayment charge. A minimum payment of £500 applies. If you want to pay off more than 10%, you’ll need to pay an early repayment charge. Plus, where the fixed rate mortgage offers the additional benefit of £250 cashback or standard legal fees paid, this will need to be repaid if you pay off your mortgage in the first two years (see section below – Additional benefits).
  • Tracker rates - you can make unlimited overpayments on our tracker rate mortgages without paying an early repayment charge. A minimum payment of £500 applies. Where the tracker rate mortgage offers the additional benefit of £250 cashback or standard legal fees paid, this will need to be repaid if you pay off your mortgage in the first two years (see section below – Additional benefits).

Additional benefits (on eligible mortgages as detailed above)

  • Free valuation - available if you're moving home or remortgaging to us from another lender on a property valued up to £2.5 million, saving you on average £365. This is Santander's standard valuation fee based on our average property valuation between 1 January 2016 and 30 June 2016.
  • £250 cashback if you're moving home. You only need to repay the £250 cashback if you repay your mortgage in the first two years.
  • Standard legal fees paid if you're remortgaging to us from another lender. You only need to repay the standard legal fees paid (worth £200) if you repay your mortgage in the first two years.

Things you need to know

  • Mortgage anniversary - on tracker mortgages the anniversary is the date you completed on your mortgage, unless stated otherwise.
  • Monthly costs are calculated on a repayment basis and don’t include the product fee. Product fees are payable upfront. However, on most products, you can add the product fee to the loan. Any fees added to the loan will attract interest.
  • If you'd like information on our fees and charges please see our Tariff of Mortgage Charges which will help.
  • Most of our mortgage products have a minimum loan size of £6,000. However, there are some selected products where the minimum loan size is different. Please check with us.
  • 1|2|3 Current Account: £5 monthly account fee, pay in at least £500 a month (excludes internal transfers) and have at least two active Direct Debits. 1|2|3 Lite Current Account: £1 monthly account fee, pay in at least £500 a month (excludes internal transfers), have at least 2 active Direct Debits and log on to Online or Mobile Banking at least once every three months. For cashback on both accounts, household bills must be paid by Direct Debit. Santander UK plc mortgages only, excludes commercial mortgages. Cashback paid monthly. You may only hold a maximum of two 1|2|3 Current Accounts, one in your own name and one in joint names. You must be 18 or over and a UK resident. For details of our fees and interest rates, visit www.santander.co.uk or ask for the latest Interest Rates and Fees Information leaflet at any branch.     

 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

All applications are subject to status and our lending criteria. This means that the amount we will lend you will depend on your individual circumstances, the type of property and the amount you borrow. For example, we may require a higher deposit if you are buying a flat or a new build property.

Find out how much you could borrow.

See whether you can get a mortgage, how much you could borrow and our latest mortgage deals with our mortgage calculator.