What type of mortgage lender is Santander?
Which have fourteen billion Uk people, Santander is amongst the most significant and more than common lenders in the nation. Inside the 2021, they borrowed ?177.step three million from inside the homeloans, upwards out-of ?169.8 billion within the 2020.
Santander provides 450 twigs along side Uk, that have 6.6 billion people which consists of electronic features. The financial institution says its attracting more step one,five-hundred brand new effective cellular banking users each and every day.
Just what mortgage revenue do Santander bring?
Having a lengthy-centered visibility in the mortgage sector, Santander has the benefit of income to suit an entire spectral range of individuals, and first-date people, domestic movers, and you can remortgagers.
Most mortgage loans offered by Santander try repaired-rates interest business over a first ages of one or two, around three otherwise 5 years.
It also even offers tracker mortgages, where the interest motions in line with changes towards main Uk Financial speed. These purchases is most often for two ages, immediately after which the offer reverts toward bank’s head follow-on’ interest.
Santander even offers lower-deposit mortgage loans, so it’s an effective competitor for those hoping to get towards the original rung of the home steps.