Search for: current accounts
One in four parents have had to move house to be within their desired school catchment area
Editors 1) Research of 4,014 UK adults conducted by Opinium Research, July 2017. 2) Based on current UK average property price of £223,257. The current average property price for London is £481,556. Source: latest Land Registry figures released in June ... Authority (PRA) in the UK. Santander UK plc customers are protected by the Financial Services Compensation Scheme (FSCS) in the UK. All accounts opened with Santander UK plc, Isle of Man Branch have situs in the Isle of Man and therefore are covered
https://www.santander.co.uk/about-santander/media-centre/press-releases/one-in-four-parents-have-had-to-move-house-to-be-withinSantander launches new mortgage follow-on rate
term Santander’s FoR is a variable rate that tracks at 3.25 per cent above the Bank of England Base Rate (currently 0.50 per cent), giving a rate of 3.75 per cent Customers who secure a new mortgage with Santander from 23 January onwards ... variable rate that tracks at 3.25 per cent above the Bank of England Base Rate (currently 0.50 per cent), giving a current rate of 3.75 per cent. The differential of 3.25 per cent is guaranteed for as long as customers remain on the product
https://www.santander.co.uk/about-santander/media-centre/press-releases/santander-launches-new-mortgage-follow-on-rateSantander updates its affordability calculations following Bank of England base rate cut
reduced its residential affordability rates, following the Bank of England’s base rate cut in February.The updated calculations take into account a reduction in residential affordability rates by 0.25%, as well as updated household expenditure figures, making it easier for customers to borrow more ... product transfer process, including developing new web content to outline the journey.The lender will help brokers identify when a client’s current deal is coming to an end and update its product maturity letters, directing clients back to their broker when their deal
https://www.santander.co.uk/about-santander/media-centre/press-releases/santander-updates-its-affordability-calculationsSantander warns about celebrity endorsed crypto scams
year-on-year - 61% increase in case volumes from Q4 2021 to Q1 2022 - Based on current growth, we expect an 87% increase in volume of cases in 2022 compared to 2021 Chris Ainsley, Head of Fraud Risk Management ... employ high pressured sales tactics. 4. They are told to download specialist software to support them opening cryptocurrency accounts. The software is remote access software, giving the fraudster full access to the customer’s computer
https://www.santander.co.uk/about-santander/media-centre/press-releases/santander-warns-about-celebrity-endorsed-crypto-scamsShriti Vadera keynote address
innovation They also spend the most on R&D. At the start of the year, large tech firms accounted for more than 30% of all investment spending in the S&P500 and almost half of the absolute rise in investment.1 The drive ... should I say “network” – monopolies? Do they require large and dominant network effects in order to provide their current consumer benefit? If yes, then should some of them be regulated as monopolies? As a minimum, not favouring their own goods and ensuring
https://www.santander.co.uk/about-santander/media-centre/press-releases/shriti-vadera-keynote-address'Phish & Chips' van lets you pay for a meal with scam phishing emails and smishing texts
seen the life changing impact it can have on people’s lives. Consumer awareness is absolutely key to tackling what is currently one of the biggest threats to the security of people’s finances. Our Phish & Chips ... communications to be genuine, and seven per cent subsequently fell victim to the scammers, seeing their identities stolen, money withdrawn from their accounts and fraudulent payments made on their credit cards. Although the latest fraud figures from Financial Fraud Action UK5 show an overall reduction
https://www.santander.co.uk/about-santander/media-centre/press-releases/phish-chips-van-lets-you-pay-for-a-meal-with-scamOnline working capital solution to give UK SMEs access to same day funding
within a matter of minutes and access to the funds within a day - a process that currently takes between two and 12 weeks. The solution from Santander, to be made available exclusively online, would leverage the powerful Kabbage Platform to accelerate automated SME lending ... territories. Kabbage also references multiple external sources including credit ratings, social media, payments providers, online marketplaces and the SME’s bank account history, both from Santander and other bank accounts held by the SME. It is proposed to soft launch the online working capital
https://www.santander.co.uk/about-santander/media-centre/press-releases/online-working-capital-solution-to-give-uk-smes-accessChildren understand the value of money at ten-years-old
weren’t taught the value of financial planning by their parents when they were young, just 13 per cent of the current parents aren’t teaching this to their children. Almost a third (32 per cent) of UK parents admit they wish their ... feature within online banking is there to help customers plan for the future. For youngsters we also have the 1I2I3 Mini account paying three per cent interest on balances of £300 - £2,000 and our Junior ISA giving returns of up to three
https://www.santander.co.uk/about-santander/media-centre/press-releases/children-understand-the-value-of-money-at-ten-years-oldAnson care services to add capacity following £1 million funding from Santander
Portreath, with 150 beds available in total. Anson Care was founded by husband and wife team John Anson, a retired accountant, and Mary Anson, a qualified nurse. Their son and daughter-in-law are also involved in the business and John and Mary plan ... over the years and now offer leading care accommodation and services in Cornwall. The funding provided will allow them to expand their current offering and we look forward to working with them closely in the future.” - Ends- The information contained in our press releases
https://www.santander.co.uk/about-santander/media-centre/press-releases/anson-care-services-to-add-capacity-following-ps1-million-funding-from-santanderOwning a home is cheaper than renting in all areas of the UK
year if they were able to purchase a property rather than rent. The average monthly rent in the UK is currently £912 per household, compared to monthly repayments of £723 for the average first-time buyer household. Homeowners could save an average ... adults looking to buy could use to help them get on the property ladder include Santander’s Regular eSaver3 account which pays up to five per-cent interest, or government funded plans such as Help to Buy and the Starter Home scheme. Historically
https://www.santander.co.uk/about-santander/media-centre/press-releases/owning-a-home-is-cheaper-than-renting-in-all-areas-of-the-uk