Press releases

• The new mortgage application offers customers the opportunity to remortgage online, in their own time, from the comfort of their own home
• The application could be completed from start to finish within 30 minutes
• The application clearly outlines the steps involved, provides an instant decision and enables customers to upload their paperwork immediately
• Customers can save and retrieve their application, so they can start the remortgage process, then resume it at a time that suits them
• This is another channel of choice for customers, complementing the existing branch, telephone and intermediary channels offered today

• Those who moved paid £23,707 for a school catchment address, an 11 per cent premium on the average UK property price 
   
• This increases to £71,539 for those living in London, a 15 per cent hike
   
• Nearly a fifth of these parents had to change jobs in order to get their children into the desired school
   
• 15 per cent settled in an area they didn’t like for the sake of a good school
   
• More than a quarter of all families who move to be within a catchment area will leave as soon as a school place is secured

(FCA Complaints Data – 1 January 2016 to 30 June 2016)

Data published today by Santander UK reveals that the number of FCA reportable complaints received by the bank continues to fall. In the first half of 2016, the bank received 96,669 complaints, compared to 101,921 in the second half of 2015, and 121,314 for the first half of 2015. Complaints remain significantly lower than historic levels, and have decreased through every reporting period since the first half of 2010.

• UK consumers set to transfer six times as much as the big football clubs
• Almost nine million adults (17 per cent) have missed a “transfer deadline” resulting in a late payment or transfer
• One in three (31 per cent) say they are worried about not having enough money in their account to meet their payments
• Nearly 70 per cent of Brits regularly check their account online or on their mobile to stay on top of their finances

• 1|2|3 Current Account interest rate of 1.50% on balances up to £20,000 – customers can earn up to £298pa in interest, plus cashback on selected household bills, for a £5 monthly account fee
   
• Introduction of new arranged overdraft tiers on 1|2|3 and Everyday current accounts
   
• Customers will be given a minimum of 60 days advance notice of both changes

• 518,000 students run, or plan to run a business whilst at university – a 38 per cent increase on 2015
• Student enterprises generate revenues of £913 million per year
• Over a quarter plan to turn their business into a career when they graduate 
• Students from University of Birmingham and Imperial College London win top prizes of £15,000 in the Santander Universities Entrepreneurship Awards

Fast-growing Sheffield-based digital marketing firm Evoluted has been able to purchase the Lambert Street office building it has been leasing for the past seven years following a £300,000 funding package from Santander Corporate & Commercial.

Solihull-based Budge Brands Ltd, brand owner of Premier Estates Wine, has purchased a new head office in Birmingham’s Jewellery Quarter after receiving a funding package worth over £1.5 million from Santander Corporate & Commercial.

Manchester-based Flipbook Studios, a leading video content producer, is set to expand its workforce and relocate to larger offices following significant funding from Santander Business Banking.

Following today’s decision to lower the Bank of England base rate to 0.25 per cent from 0.50 per cent, Santander can confirm that:

• We will pass on the reduction to our Standard Variable Rate on mortgages in full. From the beginning of September 2016, Santander’s Standard Variable Rate will be 4.49 per cent. The Alliance & Leicester Standard Variable Rate on mortgages will also be reduced by 0.25 per cent to 4.74 per cent.

Shropshire-based AVF Group (“AVF”), one of the world’s leading manufacturers of AV furniture and related products, is to further expand its product range following a £2 million funding deal with Santander Corporate & Commercial.

Specialist Journeys, one of the UK’s leading providers of small group, expert-led specialist, educational and themed travel holidays, has acquired Brightwater Holidays following a significant funding package from Santander Corporate & Commercial.

• Students can earn up to 3% interest with the 1|2|3 Student Current Account
• The account also offers a free 4-year Santander 16-25 Railcard, saving students up to £752¹
• Student bank of choice²
• Students whose parents have Santander Home Insurance can have their belongings covered under their parents policy³ whilst living away at University

Sense Scotland has received £5,000 to fund arts sessions for children with multiple disabilities in Glasgow.

Student entrepreneurs from across the UK have been recognised at the sixth annual Santander Universities Entrepreneurship Awards ceremony held at The Hospital Club, London.

Santander has today signed a Memorandum of Understanding (MOU) with JD.com, China’s largest e-commerce company by revenue.

5,000 already registered for UK’s newest cycle hire scheme, Santander Cycles MK

Hires top 7,000 in just over 2 weeks since launch

Planning already underway to extend scheme from current 42 docking stations and 300 bikes, to 50 stations and 512 bikes by the end of 2016

2009 FIA Formula 1^TM World Champion joins Mayor of Milton Keynes and local dignitaries to celebrate the successful launch

Santander Group Executive Chairman Ana Botin said "Santander's purpose is to help people and businesses prosper in our ten core markets in Europe and the Americas. Our commitment to British businesses, customers and our people remains as strong as ever."

Coleraine-based TBF Thompson (Garvagh) Ltd, one of Northern Ireland’s largest distributors of truck and heavy plant machinery, is to expand its range of services as well as hire more apprentices following £4 million in funding from Santander Corporate & Commercial.

• 1,600 mile relay across the UK to raise funds for Santander’s charity partners Age UK and Barnardo's
   
• 325 employees take part from 30 towns and cities