Search for: mortgage application
Home improvement lives on in busy property market as Brits apply to extend their homes by over 1.5 million sq metres in lockdown
analysis by Santander UK has revealed that UK homeowners are also looking to improve their homes, as they submitted 61,682 planning applications in the 13 weeks of lockdown. If completed, this work would add more than 1.5 million square metres of space to Britain ... scale development Santander’s analysis also reveals the most popular planning applications made so far this year, with single story applications (67,176) coming up top. Rank Planning application type Total 1. Single storey extension 67,176 2. Two storey extension
https://www.santander.co.uk/about-santander/media-centre/press-releases/home-improvement-lives-on-in-busy-property-market-asYour first home is not where your heart is: Brits leave their first home after just 4.5 years
their first property.Compromises on space are one of the driving forces behind buyers look to move on shortly after buying, with the mortgage lender finding that more than half of first-time buyers (51%) are buying either a studio flat or a property with ... quickly move on to a property better suited to their long-term needs. “Checking that you can port your mortgage product and getting to grips with the cost of moving up the ladder are key for those buyers already looking one step ahead
https://www.santander.co.uk/about-santander/media-centre/press-releases/your-first-home-is-not-where-your-heart-is-brits-leaveSantander updates Loan to Income policy, unlocking thousands more in borrowing for buyers
announced improvements to its Loan to Income thresholds from 12 August, enabling borrowers to potentially access thousands more when applying for a mortgage. The updates, which come in response to the amended loan to income rules announced by the Treasury in July 2025, will ... result of the changes, Santander calculates that customers will potentially be able to access thousands more, for example:Example 1 – Joint applicants – Capital and Interest loan, 25-year termEquity/ Deposit Dependants IncomeBorrowing available
https://www.santander.co.uk/about-santander/media-centre/press-releases/santander-updates-loan-to-income-policy-unlockingSeven in ten homeowners find “retrofitting” too overwhelming, as Santander encourages small steps towards greener streets
small steps can make a difference and help reduce the impact our homes have on the planet.” Brad Fordham, Head of Mortgages at Santander UK said: “It’s clear that while homeowners understand the need to make changes to their property, the retrofitting ... paint range. The paint has been developed with ecological paint expert, Graphenstone UK4, and absorbs CO2 in the first 30 days after application as it dries and cures, partially offsetting manufacturing and distribution emissions. First to receive the upgrades were Lark Lane Community Centre
https://www.santander.co.uk/about-santander/media-centre/press-releases/seven-in-ten-homeowners-find-retrofitting-tooSantander launches the first blockchain-based international money transfer service across four countries
improve the services we offer our customers, and the launch of Santander One Pay FX is the first of many potential applications." Santander’s customers in the UK can download the One Pay FX app, users need to log on using their normal Santander ... range of financial technology startups focused on artificial intelligence, big data, blockchain, payments, financial advisory, SME and automobile finance or mortgages. - Ends - The information contained in our press releases is intended solely for journalists and should not be used by consumers to make financial decisions
https://www.santander.co.uk/about-santander/media-centre/press-releases/santander-launches-the-first-blockchain-based-international-money-transfer-service-across-fourParents face 5% premium on properties within catchment areas of top primary schools
five (20%) parents reported stress, with one in ten (10%) experiencing difficulties concentrating at work or suffering sleepless nights during the school application periodNew data1 from Santander today shows that parents looking to send their children to one of the top 500 state primary schools ... catchment area, the current 5% premium might mean parents find the move more affordable than they had initially expected.Graham Sellar, Head of Mortgage Development at Santander, commented: “It’s clear that nabbing a sought-after primary school place for your child is playing
https://www.santander.co.uk/about-santander/media-centre/press-releases/parents-face-5-premium-on-properties-within-catchmentSantander launches new £175 switcher cashback offer
Lite, Everyday, Select or Private Current Account.1 This new offer will replace the previous offer of £160 cashback for new applications. To qualify, customers need to complete the switch using the Current Account Switch Service2 (CASS) and, within 60 days ... Council tax bills Mobile and home phone bills, broadband and paid-for TV packages Santander monthly mortgage payments 2% cashback (4% from September for 2 months): Gas and electricity bills Santander Home Insurance premiums
https://www.santander.co.uk/about-santander/media-centre/press-releases/santander-launches-new-ps175-switcher-cashback-offer