Important Information

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.  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.

Important Information

  • Rates correct as at 25 September 2018.

  • Santander's Follow-on Rate (FoR) is a variable rate that tracks the Bank of England base rate (Bank of England base rate plus 3.25%).

  • The rates quoted above are available to existing Santander mortgage customers only.

  • Additional loans are available on a repayment basis only.

  • Our products can change or be withdrawn at any time. Rates are only guaranteed at the time of application.

  • Product fees are payable upfront, however, on most products customers can add the product fee to the loan. Interest will be charged on any product fees you add to the loan.

  • The calculator only gives you an indication of the cost of an additional loan and will not be exact. The information does not contain all the details you need to choose an additional loan. Make sure that you read the separate Key Facts Illustration before you make a decision. If you would like to discuss your specific circumstances or obtain a Key Facts Illustration, please call us. 

  • If you'd like information on our fees and charges please see our Tariff of Mortgage Charges which will help.

 

Early repayment charges (ERC):

  • 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. If you want to overpay more than 10% or pay off all of your mortgage, you will have to pay an ERC.
  • Tracker rates - you can make unlimited overpayments on our tracker rate mortgages without paying an early repayment charge. 
  • The 1|2|3 Current Account and Select Current Account have a £5 monthly account fee and the 1|2|3 Lite Current Account has a £1 monthly account fee. To earn cashback you must pay in at least £500 a month (excludes internal transfers) and have at least two active Direct Debits. Select Current Account customers must also pay in at least £5,000 per month into a Select Current Account or have £75,000 in any Santander investment(s), savings or current account. 1|2|3 Lite Current Account customers must also log on to Online or Mobile Banking at least once in every three months.
  • Cashback is paid monthly. You may hold a maximum of two 1|2|3 Current Accounts or Select Current Accounts, one in your 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 santander.co.uk or ask for the latest Interest Rates and Fees information leaflet at any branch.    

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.  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.