Mortgage and Home Buying

If you are looking to buy a home then it may be worth speaking with your financial advisor again and updating your details. 

At the end of March, Santander became the first lender to reduce its mortgage affordability rates. All residential affordability rates have been reduced by up to 0.75%, bringing them to the lowest levels since 2022. 

 

In real terms, this means that many customers applying for a residential mortgage from Santander UK can now borrow between £10,000-£35,000 more, depending on their individual circumstances and subject to affordability checks and loan to income limits.