Fees and charges - Finance
The tables below show you the typical fees for our borrowing facilities. Your facility document(s) will confirm the final agreed fees and these will apply where they differ to the information shown below. You will need to sign your facility document(s) before we provide you with any borrowing.
Other fees and costs (such as legal costs) may apply depending on your circumstances.
For all lending facilities:
| Fee Type | What is it? | Amount |
|---|---|---|
| Arrangement Fee | A one-off fee we charge for setting up a new facility. | Negotiable - please speak to your relationship team. |
| Documentation Fee | A fee for drafting and issuing facility document(s). It also includes costs associated with certain searches and registrations. | £200 + VAT* per new facility document. £80+VAT per amendment letter or security document. *If your total borrowing is under £250,000, this will be discounted to £80 + VAT. |
Overdrafts only
Including cross-currency overdrafts (CCO), commercial notional pooling (CNP) and intra-day limits (IDL)
| Fee Type | What is it? | Amount |
|---|---|---|
| Unarranged overdraft interest rate | The interest rate applied to any balance that exceeds the agreed overdraft limit. | 15.00% EAR* per annum (Fixed rate). |
Annual arrangement fee or renewal fee (Excluding IDLs) |
A fee to cover the cost of reassessing an overdraft facility each year. | Negotiable - please speak to your relationship team. |
One-off set-up fee (CNPs only) |
A one-off fee for setting up a new facility. | Single legal entity with up to 10 accounts - £750 Single legal entity with over 10 accounts - £1000 Multiple legal entities with up to 10 accounts - £1000 Multiple legal entities with over 10 accounts - £2000 |
Monthly maintenance fee (CNP's only) |
A monthly fee for maintaining your pooling facility with us. | £20 per account, per month |
*EAR (Effective Annual Rate) represents the yearly cost of an overdraft. This accounts for the effect of compounding monthly interest across the year. This doesn't include any other fees or charges.
Term Loans only:
| Fee Type | What is it? | Amount |
|---|---|---|
| Prepayment fee | A fee for repaying all, or part of your loan, outside of the contracted repayment schedule. | 1% of the amount prepaid. |
| Break cost - fixed rate loans | A fee which covers the losses we would incur when you repay a fixed rate loan early. In some cases this may result in us owing you money. | Please speak to your relationship team for this figure. This does not apply if you have a variable rate loan, or a commercial fixed rate loan. |
Revolving Credit Facilities only:
| Fee Type | What is it? | Amount |
|---|---|---|
| Non-utilisation fee (commitment fee) | A charge to cover the costs associated with keeping money available that isn’t being used. This is usually a percentage of the lending margin. | Negotiable - Please speak to your relationship team. |
Santander reserves the right to make changes to these fees from time to time.
The information above is correct as at August 2025.