Santander mortgage lending criteria Nov 6, 2023 · Thinking of a Santander mortgage? A key first question - how much can you borrow? This guide explains Santander's process for determining your borrowing potential. Calculate your repayments and expenses with our mortgage simulator. Santander is required by law to obtain a flood certification on all loans secured by residential real estate. Things to remember before you start: £25,000 minimum income Nov 14, 2023 · Learn more about Santander mortgage rates and different types of home loans. 25% Feb 20, 2025 · Santander has revised its mortgage affordability criteria, cutting rates by 0. The high street lender says it will lift the maximum term it offers on interest-only mortgages to 40 years, from 25 years, in line with its capital and repayment This means your mortgage has been approved. See how Santander mortgages compare to large bank lenders as well as small, online-based mortgage companies. To confirm that if the applicant (s) receive a lending decision with Automated Income Verification (AIV) agreement, you will be responsible for keeping a copy of the customer's file, including proof of income, for a minimum of 2 years from the completion date of the mortgage. Lending criteria for Santander Buy to Let mortgages To be considered for a buy to let mortgage with Santander: Thank you for choosing Santander for your mortgage cation as easy as possible. Apr 12, 2019 · Santander is overhauling its length of term and maximum age criteria for residential and buy-to-let (BTL) mortgages. With the ever-changing landscape of the housing market and stricter lending criteria, understanding Santander’s mortgage credit score requirements has never been more crucial. Jun 27, 2025 · Santander UK has updated its lending policy for new build homes, potentially increasing borrowing capacity for first-time buyers and home movers. Mar 28, 2025 · The lender is the first to reduce its mortgage affordability rules in response to a call from the financial regulator, the Financial Conduct Authority (FCA), to lessen borrowing restrictions. Oct 1, 2024 · UK foreign national mortgage applications with Santander have just gotten a lot easier thanks to new updated criteria. 4 days ago · Commercial mortgages remain a cornerstone of business growth and property investment across the UK. Santander’s move makes it the only top six lender within the UK to offer mortgages up to 95% LTV across New Build flats and houses via all builders and all brokers. Find answers to questions on mortgage servicing as well as assistance programs that may be available if you're experiencing financial hardship. The introduction of We can give an idea of how much of a mortgage you could get with us if you let us know about your earning and spending. Clifton Private Finance has an established relationship with Santander international, meaning we can expedite the process of Self-employed income Use this simple guide to help you upload the right evidence to support your mortgage application. Ways to repay your mortgage A mortgage is made up of 2 parts – the money you borrow (capital) and the interest you pay on the money you owe us. Apr 10, 2024 · Santander will increase the term of its interest-only mortgage products to 40 years from the 9th of April 2024. However, we also provide specialised broker calculators that offer a wider perspective. For commercial accounts, the last 4 digits of your Tax ID Santander will consider applications where the mortgage term does exceed the oldest applicant's 75th birthday, or 70 when the loan is interest only. Tracker mortgages – Set your interest rate at a pre-agreed interval above the Bank of England Base Rate so your rates tend to stay in line with inflation over the lifetime of the mortgage. So even if the Bank of England base rate changes during the fixed rate period, your payment amount remains the same. Effective from 6am today, the revised First time buyer? Start climbing the property ladder with a mortgage from Santander UK. Nov 17, 2025 · If you’ve recently been declined for a mortgage with Santander, don’t feel too disheartened, as it doesn’t mean all other mortgage lenders will come to the same conclusion. S. After the fixed rate period finishes (see table below for details), your interest rate will change to Santander International’s Follow-on Rate which is a variable rate that Nov 14, 2023 · What is Porting? Porting refers to the process of transferring an existing mortgage deal from one property to another, all while retaining the original mortgage agreement and meeting the lender’s lending criteria. A large high-street lender such as Santander can afford to have stricter lending criteria than others, and each application will be vetted using an automated decision-making process. Message from Santander for Intermediaries From Monday 23 November we’re making some important changes to our residential lending criteria. Jan 4, 2025 · Santander Bank, a multinational commercial bank headquartered in Spain, offers various personal loan options tailored to meet diverse customer needs. Learn about eligibility, features, and how to secure the right BTL mortgage for your investment goals. Meanwhile, the bank is also rolling out new broker support measures and investment incentives. Take a look here. Read on for a clear overview of how they calculate mortgage affordability. Please speak to a mortgage broker for advice. The bank’s new-build mortgage offers are valid for nine months, providing greater flexibility for buyers facing construction delays, and a dedicated new build support desk is Oct 24, 2025 · SmartAsset researched and reviewed Santander Bank's mortgage division. Apr 10, 2025 · Generally, banks are pretty open to lending to foreign buyers, but you’ll need to meet specific eligibility requirements. Each bank in Portugal has different criteria, and you may not necessarily be offered the most suitable loan or the best deal available. Read on to learn more. Use our simulator to calculate your monthly payments, adapted to you and your needs. Nov 27, 2024 · Discover how Santander for Intermediaries empowers brokers and advisors with comprehensive mortgage products, advanced tools, and dedicated support. Nov 7, 2023 · Why Choose Santander for Your Mortgage? Santander is a trusted name in the mortgage industry, providing products designed to fit various needs and circumstances. Mexico is a popular destination for real estate investment, and the good news is that many local lenders are open to providing mortgages to foreign nationals interested in buying property in the country. Offering competitive rates, flexible terms, and a selection of loan products suitable for first-time homebuyers, mover movers, and property investors. THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. But what exactly is an interest-only mortgage, and why might Santander be the right choice for you? Jun 10, 2025 · Why Santander BTL Mortgages Are Worth a Look Santander has quietly built a strong reputation among brokers for delivering landlord-friendly criteria and fair pricing. 55 per cent. Here’s how to know if refinancing makes sense for you. Applicants must be UK residents aged 18 or over. If your application doesn’t Mortgages for Non-residents1 You can buy a second home in Spain even if you live abroad. Nov 14, 2025 · In Portugal, there are over 15 banks that provide different mortgage loans and credit to buy a house. So to help, we’ve created this step-by-step guide for Contents The mortgage application journey and what you can expect Fixed rate mortgages The interest rate on a fixed rate mortgage is fixed for a set period of time. If you already have a mortgage with Santander International your conditions may vary, so please refer to your mortgage paperwork. Nov 7, 2023 · Santander, a well-established and respected bank, provides a comprehensive range of mortgage services to accommodate the varied requirements of property owners. This change allows applicants to borrow significantly more without failing affordability checks — in some cases, up to £35,000 more. Santander also confirmed the cut-off date to submit self-employed income evidence for 2019/2020, overlooking the impact of the pandemic on finances, would be 6 October. The updated calculations consider features particular to owning new build properties Fixed rate mortgages The interest rate on a fixed rate mortgage is fixed for a set period of time. After the fixed rate period finishes (see table below for details), your interest rate will change to Santander International’s Follow-on Rate which is a variable rate that Apr 5, 2024 · Santander is increasing the maximum term it offers on interest-only mortgages to 40 years and updating affordability calculations to reflect changes in the new tax year. We can help tailo All of our mortgages are now available with EZApplySM from Santander®, the fast and simple way to apply for and close on a Santander® mortgage. A mortgage of £121,379 payable over 19 years would require 24 monthly payments of £762. Santander primarily offers expat buy to let mortgages in the UK, allowing British expats to invest in the UK property market. Joint applicants: combined minimum gross income of £70,000 Mar 28, 2025 · Santander has made headlines as it becomes the first bank to relax its lending affordability criteria, allowing borrowers the chance to obtain up to £35,000 more based on their income. Enjoy convenient online bank account options from one of the best personal banks. Mortgages from Santander This guide explains the important features of your mortgage or additional loan. co. We’d like to make sure the process is as easy as possible, so we’ve created this step-by-step guide to help you. 75%, marking the lowest levels since 2022. Streamline your processes and deliver exceptional client outcomes today! Fill in a few details about the mortgage you're looking for and we'll show you the different types of mortgages you could get with us. Trusted Mortgage Advice | Neil Soundy Financial Services – SANTANDER BUY TO LET MORTGAGES / BASIC LENDING CRITERIA We have listed below Santander’s basic buy to let lending criteria. We explore the range of business loans currently available with loan amounts starting from £25,001 to for up to 300 months. Tap our comprehensive capabilities and expertise in asset based lending for cost-effective access to liquidity. Their income multiples are among the most generous on the high street, and their digital processing makes getting a decision fast and efficient. This comes after the Financial Conduct Authority (FCA) asked lenders to consider the flexibility already within lending rules, which could allow people to access larger mortgages. Santander wants to provide an easy lending experience. Mar 28, 2025 · Santander has reportedly made a groundbreaking move by becoming the first bank to ease its loan affordability criteria, enabling individuals to potentially borrow up to £35,000 more depending on Mar 28, 2025 · Santander has become the first major lender in the UK to reduce its mortgage affordability stress-test rate, easing the path for homebuyers to potentially borrow more money. The changes could impact borrowers seeking new loans or refinancing existing ones. The Find out more about important information on interest only mortgages and access important documents to help you make well informed decisions. If you're contemplating transferring your current mortgage or looking for more advantageous terms, Santander's remortgage options may be precisely what you need. Rely on Santander Bank for commercial loans and lines of credit tailored to your needs, whether you want to access liquidity, manage working capital, or finance capital expenditures. A higher deposit may be required for a flat or new build. The high street lender says it will lift the maximum term it offers on interest-only mortgages to 40 years, from 25 years, in line with its capital and repayment mortgages. If you’re looking for a standard mortgage, you Jumbo Mortgages 0,400 are a Santander Bank specialty. These guidelines are general rules used in determining what Santander Consumer USA will approve and purchase. In this review we explore the types of mortgages Santander offers, its lending criteria, charges and its advantages and disadvantages. Nov 6, 2023 · Santander Mortgage Repayment Calculator The Santander Mortgage Repayment Calculator is a vital resource for prospective homeowners and those pondering their remortgage options. 03% and then our Standard Variable Rate, currently 6. In welcome news for buyers and the property market alike, Santander has updated its mortgage affordability assessments, potentially allowing some borrowers to access up to £35,000 more than before. 75 percentage points. The changes will enable would-be homebuyers to access a wider range of products. In Spain, obtaining a mortgage as a foreigner presents a unique opportunity to acquire property, especially in the context of the country's cautious but accessible banking sector post the 2008–2014 economic recession. This is based on an initial Fixed rate for 2 years at 60% Loan to Value at 4. Characteristics: Jun 17, 2024 · About Santander Santander is a major player among UK banks and now has over 400 branches around the country serving around 14 million customers. Mar 25, 2025 · Understanding Santander’s New Lending Criteria Santander, one of the UK’s leading mortgage lenders, has made a significant adjustment to its lending criteria. The key elements of these updates include increasing borrowing capacity for potential homeowners and reducing the stress test rate applied during affordability assessments. If you have any questions or need any further help in relation to understanding your mortgage please call us. Nov 4, 2023 · Lending Criteria for Santander Buy-to-Let Mortgages To be eligible for a Santander buy-to-let mortgage, borrowers must meet the following requirements: Homeownership: Applicants must already be homeowners and not first-time buyers. Whether you’re looking for a UK mortgage, an international mortgage or the right type of corporate or personal financing, your Private Banking can connect you with the right people. Although Japanese knotweed won’t result in an outright mortgage denial, you’ll need a management plan that addresses the concerns of the lending company. Feb 19, 2025 · Full mortgage applications submitted from 6am on 19 February will be assessed using the new lending policy. You might, however, find it particularly difficult to get approved by them if you have certain types of bad credit such as a default in the last 12 months or a recent CCJ. They allow expat mortgage customers to own up to 10 buy to let properties in the UK. Next, we have interest: the price the bank charges for borrowed Nov 6, 2023 · Getting a Santander Interest-Only Mortgage Interest-only mortgages offer a unique approach to home financing. 25% and updating household expenditure figures. 1. 79 and 204 monthly payments of £928. It adds that if a “material change” is made to an existing application from 6am on 19 February, the case will be reassessed using the new criteria. Apr 19, 2022 · Taxi drivers, transport or delivery app partners, catalogue salespersons, waiters, and similar will have access to Hipoteca Integral (Comprehensive Mortgage), due to its social component. Citizens and Mexican Citizens residing in the U. Find out more at santander. Our buy to let mortgages for new customers are available through mortgage brokers only. Key highlights of the update include: Lower stress test rate: Reduced from over 8% to closer to 7. Our Explore Santander’s buy to let mortgage options. The money you borrow must be used to pay of your Santander mortgage balance, and any early repayment charges, in full. You’ll need to sign this and return it to us. and Canadian citizens, can obtain mortgages in […] Mortgages A guide to your application Thank you for choosing Santander for your mortgage. The amount we will lend depends on your circumstances, the amount borrowed and the property. In fact, recent reports show that Santander has raised the bar when it comes to credit scoring, leaving many potential homeowners unsure of where they stand. Flexible financing alternatives Solution-focused approach Supporting capital requirements in key industries, including manufacturing, wholesale, distribution, retail, food and beverage, healthcare, and commercial services Dec 1, 2020 · Ahead of the Brexit transition period ending on 31 December, Santander are making lending criteria changes to comply with new regulations which will be in place from Sunday 6 December. Recent research indicates that some mortgage companies have been overly cautious in the past when lending. For residential capital and interest repayment deals, the lender is extending its maximum mortgage term to 40 years from 35 years. Feb 9, 2022 · What is the maximum age for a mortgage with Santander? Santander will consider applications where the mortgage term does exceed the oldest applicant's 75th birthday, or 70 when the loan is interest only. This means ‘many customers’ applying for a residential mortgage with the Mortgages from Santander This guide explains the important features of your mortgage or additional loan. For all other applications, your solicitor or conveyancer will carry out all the required checks. A ‘mortgage broker’ will assess available mortgages and tell you which is the most suitable. This change means that potential buyers may now qualify for larger loans than previously possible under stricter lending criteria. Santander, as a financial institution, offers a range of calculators designed to meet their specific lending criteria. For Santander customers, this means a smooth transition in taking their current deal and mortgage account to a new property. Mar 25, 2025 · Santander, one of the UK’s leading mortgage lenders, has made a significant adjustment to its lending criteria. Santander said from today it had reduced residential affordability rates by up to 0. Santander is one of the UK’s biggest mortgage lenders — offering great affordability, clear lending criteria, and strong support for employed and self-employed borrowers. Banco Santander Mexico is one of the prominent local banks that offer mortgages to foreign nationals. Apr 22, 2025 · Looking to buy your first home? Discover what Santander is offering for FTB including 95% mortgages, cashback deals, and improved affordability. Are any of the customers applying under 18? Payslip deductions 9. 64. We would like to show you a description here but the site won’t allow us. Mar 28, 2025 · Santander has become the first lender to reduce mortgage affordability rates in response to the regulator’s call to help customers borrow more. Appraise the property based on its location. You will need to know your outstanding financial commitments, such as loans or credit cards. This guide outlines the essential steps and considerations to help you successfully obtain a mortgage for your real estate investment in Mexico. Nov 10, 2025 · Mortgage rates are easing, unlocking refinance opportunities for millions. Mar 3, 2025 · Securing a mortgage in Mexico as a foreigner requires an understanding of specific requirements and navigating the local financial landscape. A flood certification indicates if the subject property is located within a special flood hazard area. Mar 28, 2025 · Santander has loosened affordability criteria in line with the wishes of the Financial Conduct Authority, with brokers calling it a “brave move” from the lender. A straightforward guide to your mortgage Mortgages from Santander This guide explains the important features of your mortgage or additional loan. With Santander, a leading mortgage lender, borrowers can explore the benefits of this mortgage type. What is a Santander mortgage? Sep 6, 2021 · What makes up a mortgage agreement? We begin with the mortgage loan or loan principal: the sum of money the bank lends to a borrower to purchase a property. Trust in our expert, fee-free advice for your property goals. This article provides a detailed review of Santander Bank’s personal loans, diving into their features, application process, interest rates, loan amounts, eligibility criteria, and customer service. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE Applications are subject to status and lending criteria. There are 2 ways to pay it back. The bank is also strict about self-employed customers with Whether you're a first-time buyer, remortgaging, moving home or looking into buy-to-let, everything needed to find the right mortgage for you is here. You might, however, find it particularly difficult to get approved by them if you have certain types of bad credit, such as a default in the last 12 months or a recent CCJ. Learn more here. Cementing its commitment to older borrowers, this change is designed to offer IO customers greater choice in how they manage their mortgage repayments, whilst also supporting borrowers who want to take advantage of today’s Below is a brief summary of the different types of mortgages we currently offer. . Jun 30, 2025 · Santander UK has today announced that it has introduced improved affordability rates on new build properties which will allow customers, purchasing a new build home, to borrow thousands more than before. Why You Should Trust Us We based our research on verified data, expert Mortgages Whether you’re a first time buyer, remortgaging from another lender or thinking about buying a new property, a Santander International mortgage could be for you. The lender Apr 5, 2024 · Santander has made a number of changes to lending policy across large loan and interest-only products, as well as its maximum loan sizes. The total amount payable would be £207,974 (mortgage including a £0 product fee, plus £86,370 YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE Applications are subject to status and lending criteria. Will any customer be over the age of 75 at the end of the mortgage term? What’s changed Oct 7, 2012 · Lending criteria continually changes. We offer a comprehensive range of mortgages priced competitively to suit all your customer's needs and our website provides you with real time service updates, rate bulletins, lending criteria, online calculators and packaging tools to help make it easier to submit business. Apr 15, 2019 · Santander is set to increase the maximum lending age and lending term on its buy-to-let mortgages. Nov 17, 2025 · Santander Cuts Residential and Buy-to-let Fixed Mortgage Rates From 3. Apr 5, 2024 · Santander will offer 40-year interest-only mortgages among a range of moves that loosen its lending criteria next week (9 April). Aug 11, 2025 · Yes, Santander bases LTI multiples on the combined income of all applicants, including both primary and secondary earners. Our agents can assist you throughout the process. It will always be equal to, or less than, the property value. Interest only mortgages All new residential applications where any part of the loan is on interest only will now need a minimum gross income: Single applicants: minimum gross income of £50,000. Oct 3, 2024 · Santander business loans calculator and review Santander is one of the most popular banks in the UK. Discover Santander's range of mortgage loans and choose the one that best suits your needs. uk. We offer a range of fee and rate options, including Loyalty Rates when you pay your salary into a Gold Account with us Apply for a bank account online with Santander Bank. Eligibility Criteria Foreign nationals, including U. Mortgages available for foreigners: Mexican Dream mortgage Santander/ GE Money: The first mortgage for U. A later life mortgage is a loan secured against your home, which lets you stay in the home you know and love, without having to move. Mar 28, 2025 · Santander has become the first major UK lender to relax its mortgage rules following a nudge from the Financial Conduct Authority (FCA). 75% for the remaining 17 years. Find out more here about Santander Mortgage Loans. 4 days ago · Santander and Halifax have also loosened lending criteria in recent months after the Financial Conduct Authority (FCA) permitted lenders to reduce the interest rates used when ‘stress-testing Sep 24, 2021 · All self-employed mortgage applications are still limited to 75 per cent of the property’s value (LTV). Jun 27, 2025 · Key Changes to Santander Mortgage Lending Criteria Santander has reduced its internal affordability stress test rate by up to 0. Borrowing more money Already have a Santander mortgage? You can apply for an additional loan secured against your property. , interested in buying a property in Mexico. Major banks are stepping up the battle for borrowers with a fresh round of mortgage rate cuts, as Santander launches the cheapest two-year fix at 3. Featuring competitive terms and commercial mortgage rates, our Commercial Real Estate Loans are designed to match your business needs. Jul 11, 2024 · Santander is one of the largest mortgage lenders in the UK, operating both direct to consumers and through its broker-only Santander for Intermediaries channel. We will ask for documents to support your application, for example proof of income and proof of address. Use our calculator and get started. Jun 29, 2025 · The updated lending criteria come as Santander continues to promote its support for customers looking to purchase new build homes, which includes offering up to 95% loan-to-value (LTV) on both houses and flats. What documents do I need to apply for a mortgage? As part of your application, we need to know your last three years’ address history with no gaps. Santander International offers mortgages for UK expats. What is the criteria to get a Santander Buy To Let Mortgage? Buy To Let Mortgages are different with each lender, so what are Santander's criteria? Maximum age at application: 79 Maximum age at end of mortgage term: 85 A straightforward guide to your mortgage Mortgages from Santander This guide explains the important features of your mortgage or additional loan. Are all the customers applying unemployed? The following sections have been updated: 8. If you’re an existing Santander mortgage customer borrowing more money, or making any other changes, in most cases, you’ll be sent an agreement in the post. Jul 10, 2025 · Discover how non-residents, including UK buyers, can get mortgages in Spain. If you answer yes to any of the following questions, unfortunately Santander will decline the application. This table summarises the main features of our Non Resident UK Mortgage product, as well as the security requirements for the loan, and the criteria we will apply in assessing your credit worthiness. Are there other criteria that affect how much I can borrow? Yes, other lending criteria such as credit history, affordability checks, and property valuation will also influence the final mortgage amount. They can help you decide if BTL is right for you. Sep 9, 2022 · Santander are roughly as strict as other high street banks and building societies with their mortgage lending criteria. While Santander offers a range of residential mortgage deals through its high street branches and online presence, Santander buy to let mortgages can only be obtained by approaching a mortgage intermediary. Key reasons landlords choose Santander include: Competitive rates, often with nil fee options AVMs (Automated Valuations) are used to speed up applications Low minimum income of £25,000 Green mortgage products for EPC A or B Santander is roughly as strict as other high street banks and building societies with their mortgage lending criteria. Mar 29, 2024 · However, by understanding their lending criteria, gathering the necessary documentation, and seeking professional guidance, you can increase your chances of a successful mortgage application. We are however starting to see a relaxation in some lending criteria. This ensures that borrowers have experience in managing property-related financial commitments. Be well prepared for your mortgage application with all the necessary documents needed, from bank statements to proof of names and addresses. Despite stricter lending criteria than in the past, foreign buyers without fiscal residency status in Spain can still secure loans covering up to 60-70% of the property's value Aug 8, 2025 · Find out what types of loans are offered by Santander Bank and learn which one is the best fit for your borrowing needs. Are any of the applicants aged under 21? 2. Some of these banks include BBVA, Santander, Bankinter, Banco Best, and Banco CTT, amongst several others. It said this ahead of plans to review mortgage lending rules and look Dec 15, 2022 · Curious about Santander bank loans? Business. You might, however, find it particularly difficult to get approval from them if you have certain types of bad credit such as a default in the last 12 months or a recent CCJ. Dec 1, 2020 · Santander has laid out changes to its mortgage lending criteria ahead of the Brexit transition period ending on 31 December. Commercial Real Estate Loans* Whether you’re looking to purchase, renovate, or refinance your commercial real estate, Santander can help. The bank's decision reflects a response to evolving economic factors, including interest rates and inflation, which have impacted buyers' purchasing power. Nov 9, 2023 · Santander Self-Employed Mortgages: Custom solutions, competitive rates. Feb 23, 2024 · Currently, Santander offers borrowing up to a maximum of 85% LTV for New Build houses and 80% LTV for New Build flats 1. I don't have a Santander Mortgage and I want to get a Buy to let mortgage Our BTL mortgages are only available to new customers from a Broker. Types of Mortgages (Fixed, Variable, and Mixed Rates) When applying for a mortgage in Portugal, you’ll encounter three main types of interest rates to choose from: fixed, variable, and mixed-rate mortgages. Knowing what you can afford is crucial for purchasing or refinancing with confidence. They are currently the third-largest mortgage lender offering loans on British properties, with a range of mortgage deals for first-time buyers, home movers, and applicants thinking about remortgaging. Jul 16, 2025 · Trying to understand if you qualify for a typical mortgage? It's easier than you may think! Find out the criteria & what to do if you don’t. Understanding If you want to learn more about these mortgages, here is some information. org explains Santader’s loan options, costs, and more so you can see if they’re a good fit for your business. From today (April 15), the high street lender will increase the maximum lending age — the age Jul 3, 2025 · How strict is Santander as a mortgage lender? Santander is just as strict as other high street banks and building societies with mortgage lending criteria. Deal structures must be consistent with these guidelines. What changes has Santander made to its interest-only mortgages? Santander has increased the maximum number of years over which INTERMEDIARIES & INVESTMENT PROFESSIONALS ONLY: NOT FOR PUBLIC DISTRIBUTION Page 1 of 13 Intermediary Residential Lending Criteria January 2015 7. Feb 6, 2017 · From Tuesday 7 February, Santander will be extending the maximum Interest Only (IO) mortgage lending age from 65 to 70. Jan 6, 2023 · Santander will update its cladding policy for mortgage applications against properties of 11 metres or higher in England to align with revised guidance from the Royal Institution of Chartered Surveyors (RICS). 55% Santander has announced a fresh round of mortgage rate reductions across its residential and buy-to-let ranges, including product transfers for existing customers. Do Santander do mortgages for over 65s? Santander supports older borrowers by increasing interest only mortgage lending to age 70. Oct 22, 2025 · Our Money Mum and Dad have put together this quick guide to explain how Santander buy to let mortgages work in 2024. This comes alongside a number of other changes announced by Santander that may help borrowers meet its affordability criteria for the mortgage they need. If you have any questions or need any further help in relation to understanding your mortgage please call us or speak to an adviser in one of our branches. If your current buy to let deal with us is ending, it’s easy to secure another deal online, over the phone or with your mortgage broker. In this guide, we review the 10 best commercial mortgages in the UK for 2026, comparing lenders, loan limits, terms, and lending criteria so you can find the most practical option for your business or investment plans. 75% – the lowest levels since 2022. Nov 13, 2025 · Santander and Halifax have also loosened lending criteria in recent months after the Financial Conduct Authority (FCA) permitted lenders to reduce the interest rates used when ‘stress-testing Mar 31, 2025 · Santander can lend customers up to £35,000 more after big mortgage rule change One of the UK's largest mortgage lenders has become the first to loosen its mortgage lending criteria. Feb 9, 2022 · Santander are roughly as strict as other high street banks and building societies with their mortgage lending criteria. Due to market conditions, regulatory requirements (as a bank), or depending whether the lender is actively looking to attract borrowers or not. Mar 29, 2025 · Santander has reduced its residential affordability rates by 0. Apr 5, 2024 · From Tuesday 9 April, Santander will be making a number of changes to its lending criteria. Find out what makes mortgages different to a credit facility by reading this article by Finanzas para Mortales. Learn about interest rates, loan options, required documents, and tips for securing your Spanish holiday home. nedga tgb rkzswb ktk qtepiqz hggo ydpthmi sehzjxm jzrhimyp nbroj vyw naamg bhccqg ortex ffy