Press releases

North Devon-based supplier of sustainable building and decorating products Mike Wye & Associates is building a specialist eco property to showcase innovative sustainable products and building skills following £250,000 funding from Santander Business Banking. Two additional members of staff have been hired in preparation for this project.

• Partnership enables Santander’s SME* clients to launch stores on JD.com Worldwide, the cross-border e-commerce platform
• Agreement signed during visit by Rt. Hon. Dr Liam Fox, Secretary of State for International Trade

Santander has today announced a £917million commercial real estate loan securitisation. The deal (which closed on 22 December 2017), a collateralised loan obligation, Red1 Finance CLO 2017-1 Designated Activity Company (Red1), is one of the first post financial crisis synthetic transactions of UK commercial Real Estate assets.

As part of Santander's commitment to the BBA Protocol on Branch Closures, we publish impact assessment on branches which fall within the Protocol. These can be found here.

• Santander shows support for the rental sector, extending Assured Shorthold Tenancy (AST) policy from the current maximum of 12, to a new 36 months
   
• Residential tenants now have the security of knowing their rent will remain at an agreed rate for longer, enabling them to better budget
   
• Landlords also benefit, with guaranteed tenants and a regular rental income for a greater period of time

On 13 December 2017, Santander UK will officially open its newly designed and refurbished branch on Town Street, Horsforth. It is the latest of Santander’s branches to be re-designed as part of a programme to deliver even better customer service and community-friendly banking.

• Santander UK plc has today announced the appointment of Michael Harte as Chief Operating Officer (COO). 
• Michael will oversee Santander UK’s business divisions and investments in the areas of technology and operations, networks, property and digital change management.  His role will also include joint responsibility, with Sigga Sigurdardottir, for Customer & Innovation services to lead the digital transformation of the bank. Together they will look to build a team of talented leaders in digital and data customer services and business solutions.

• Santander data reveals that five per cent of customers logged in to their online banking on Christmas Day, while thirteen people applied for a mortgage between Christmas Day and Boxing Day
• 10.00am-12.00pm was the most popular time for customers to log in to their online banking
• The data showed that securing a mortgage was predominantly a priority for males based in the North

On Monday, 4 December 2017, Santander UK will officially open its newly designed and refurbished branch on St Stephen’s Place, Plympton. It is the latest of Santander’s branches to be re-designed as part of a programme to deliver even better customer service and community-friendly banking.

From Monday, 4 December 2017, Santander for Intermediaries (SfI) will be introducing a soft credit check process across all its intermediated mortgage business, providing customers with the peace of mind that their credit rating will not be affected at the early stages of applying for a mortgage.

On Wednesday, 13 December 2017, Santander UK will officially open its newly designed and refurbished branch on Preston Street, Wembley. It is the latest of Santander’s branches to be re-designed as part of a programme to deliver even better customer service and community-friendly banking.

• Santander data predicts the busiest time for withdrawals at its ATMs over the Christmas period is set to be between 12pm and 1pm on Friday 22 December
• Withdrawing cash to give as monetary gifts is the most popular reason for using the ATM over the Christmas period
• Santander urges shoppers to remain alert when using cash machines and offers tips to keep their cash safe

Swansea and London Borough of Hillingdon will see the arrival of new cycle hire schemes this spring, after Swansea University and Brunel University London won the Santander Cycles University Challenge. The schemes, which will be open to students, residents and visitors alike, have been awarded to the two universities after they came top in a nationwide competition.

• Formed originally in 1996, the management team at Hallmark Sheet Metal has in excess of 78 years of combined engineering experience.
• The company has grown by focusing on the manufacture of low volume, complex sheet metal components via processes such as laser cutting, robotic bending and welding. It is a highly automated business with 20 staff providing operating two shifts.

• On 17 November, Santander UK will officially open its newly designed and refurbished branch on High Street, Bromsgrove. It is the latest of Santander’s branches to be re-designed as part of a programme to deliver even better customer service and community-friendly banking.

• House building is down around 50 per cent since 1970 in part because the seller bears some of the tax burden
• UK property wealth is heavily skewed. Over 55’s own 63 per cent, with an average wealth of £161,000, while 25-34’s own least, with an average wealth of just £3,000
• An additional 146,000 property transactions would have taken place between 2012 – 2017 had movers not been faced with Stamp Duty tax
• People need flexibility to move easily and inexpensively. However, Stamp Duty inhibits the incentive to relocate for profitable labour opportunities, reducing the ability to react to changes in economic conditions in different geographies

Based in Cornwall, the business has grown into one of the UK’s leading independent nursery chains, recognised by the Nursery Chains 2017 publication as being in the top five nationally for quality. Following a management buy-out in 2012, backed by mid-market private equity firm Livingbridge, the business developed five new sites which have successfully opened since 2014.

On 8 November 2017, Santander UK will officially open its newly designed and refurbished branch on Newgate Street Bishop Auckland. It is the latest of Santander’s branches to be re-designed as part of a programme to deliver even better customer service and community-friendly banking.

Santander employees from the Flyde Coast came head to head with colleagues from South Glasgow recently as they competed in a “Store Wars” fundraising challenge for the bank’s charity partners Barnardo’s and Age UK.

On 8 November, Santander UK will officially open its newly designed and refurbished branch at The Arcade in Sheffield’s Meadowhall Centre. It is the latest of Santander’s branches to be re-designed as part of a programme to deliver even better customer service and community-friendly banking.