Santander launches online mortgage application

Santander has launched a mortgage application which enables customers to quickly and simply remortgage online. The new service could take applicants as little as 30 minutes to complete and provides them with an instant decision on their mortgage. The use of straightforward questions and design make it easy to apply for a mortgage online.

Customers can save their application and resume at a time convenient to them, as well being able to choose from Santander’s full mortgage range. Any documents that are required to support the application can be uploaded immediately and customers are kept updated on the progress of their application by email.

Customers looking to remortgage can access exclusive, competitive rates through the tool:

  • 60 per cent loan to value (LTV) 2 year fixed 1.23 per cent with a £995 product fee
     
  • 60 per cent LTV 5 year fixed 1.99 per cent, with a £995 product fee

Miguel Sard, Managing Director of Mortgages at Santander said: “Today, more and more is being done online. From small things like ordering shopping to bigger things like booking flights. When it comes to managing your mortgage, it shouldn’t be any different. We know that many people already look around for the best deals online, this tool takes it a step further, we are empowering customers to secure their mortgage online, at a time and place that suits them.

“For customers who know they want to remortgage and have found the deal that works for them, it’s a great solution. If customers have any questions or need support, we’re always on hand to help them. Today, this is a remortgage only solution. However, at a later date we hope to introduce further functionality to the tool, enabling other customers to apply online.”

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Santander UK is a financial services provider in the UK that offers a wide range of personal and commercial financial products and services. It has brought real competition to the UK, through its innovative products for retail customers and relationship banking model for UK SMEs. As at 30 June 2016, the bank serves around 14 million active customers with c. 20,000 employees and operates through 847 branches (which includes 58 university branches) and 69 regional Corporate Business Centres. Santander UK is subject to the full supervision of the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) in the UK. Santander UK plc customers are protected by the Financial Services Compensation Scheme (FSCS) in the UK.

About Us
Banco Santander (SAN SM, STD US, BNC LN) 
is a leading retail and commercial bank, based in Spain, with a meaningful market share in 10 core countries in Europe and the Americas. Santander is the largest bank in the euro zone by market capitalization and among the top banks on a global basis. Founded in 1857, Santander had EUR 1.52 trillion in managed funds, 12,500 branches and 190,000 employees at the close of June 2016. In the first half of 2016, Santander made underlying profit of EUR 3,280 million.

Media Enquiries
Cecilia Cran      Cecilia.cran@santander.co.uk      020 7756 4209

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