Santander Remortgage Calculator

We will conduct a market comparison to find the best remortgage deal compared to Santander to suit your budget. Please fill in below to get started.

Loan Required

Amount to Borrow *

£

Rate of Interest *

Length (Years) *

Repayment Calculation

Total Cost: £

Monthly Repayment: £

Thank you. Your requirements have been sent to our team who we will be in contact soon.

Your Details

Please fill in your contcat info so that one of our advisors may get in touch to discuss your loan needs.

Full Name *

Email Address *

Telephone No. *

What happens when you remortgage with Santander?

You can fix your deal for 2, 3 or 5 years, meaning your monthly payments will stay the same for that time. After your fixed period you’ll move onto a Standard Variable Rate. If you want to finish your deal early, you may pay an early repayment charge.

How long does it take for Santander to approve a mortgage?

On average, it takes around three weeks for Santander to process a mortgage.

What credit score do I need for a mortgage with Santander?

To get the debt-to-income ratio to 45%, you’ll require a credit score of at least 640 with a 25% or more down payment, or 700 with a maximum of 25% down. Standards become more stringent when risk increases, such as with an adjustable-rate mortgage or investment property.

Which credit agency does Santander use?

Santander mainly use Experian, Equifax and TransUnion.

What is the 6 month rule for Santander mortgages?

After 6 months, your mortgage loans won’t automatically go back to the original term, meaning you will pay more interest over the term of your mortgage. We won’t do a credit search, so it won’t show on your credit file.

Why would Santander declined mortgage?

A decline could be related to your credit history, income, or specific issues with the property you’re interested in. Understanding these reasons is vital in addressing the underlying issues. Consider speaking to a mortgage advisor for bad credit advice.

Santander mortgage products

Formerly Sovereign Bank, the Santander Bank is one of the largest and most successful financial institutions in the world and has opened an impressive 14,680 branches worldwide. Becoming a popular lender for property improvements and relocation, Santander remortgage rates can be extremely competitive. When getting a remortgage with Santander, there are often additional incentives.

Whether you’re a first-time buyer or looking to remortgage, Santander offers a wide range of mortgage products to help you find your perfect home loan, including:

• First-time Buyer Mortgages: Santander offers options with a smaller deposit (up to 95% LTV) to help first-time buyers get on the property ladder.
• Home Mover Mortgages: Designed for people looking to move to a new home, Santander’s home mover mortgages can also be for up to 95% LTV.
• Remortgages: If you’re looking to switch your existing mortgage to a better deal, Santander offers remortgage products up to 90% LTV.
• Buy-to-Let Mortgages: If you are considering buying an investment property, Santander has buy-to-let mortgages up to 80% LTV.

Santander also offers some niche mortgage products, including:

• Shared Ownership Mortgages: These allow you to buy a share of a property and pay rent on the remaining portion.
• Interest-Only Mortgages: Only pay interest on the loan, not the capital. This can be risky, as you’ll still owe the original amount borrowed.
• Right to Buy Mortgages: Helps tenants purchase the council or housing association property they live in.
• Let-to-Buy Mortgages: A type of mortgage for people who want to buy a new home before selling their existing one.
• Tracker Mortgages: Santander offers both fixed-rate mortgages and tracker mortgages.
• Later Life (Equity) Mortgages: Santander offers later life mortgages for over 60s which can be used to pay off an existing mortgage or release equity.

Look further than the high street

A remortgage with Santander can be ideal for raising funds for a variety of home improvements, for example renovating a kitchen or bathroom. It can also be a great way of gaining access to a competitive deal on your current mortgage.

We provide Santander comparison calculators to see what type of product works best for you and to provide more competitive lending rates than Santander.

• Santander Bridging Loan
• Santander Mortgage
• Santander Secured Loans
• Santander Remortgage
• Santander Equity Release

It’s important to consider every available option prior to signing up for a Santander remortgage as some of the best deals available on flexible remortgage packages can only be found beyond the usual High Street names.

See the below mortgage product repayment examples offered by UK Property Finance and see how our repayment compares to those similar products of Santander.

This is where our whole-of-market mortgage comparison service can help. UK Property Finance provides a complete range of independent brokerage services of the highest quality. 

Independent, objective financial support

As a 100% independent service provider you can count on UK Property Finance to be honest, objective and impartial at all times. If a competitive Santander remortgage suits your requirements, we’ll make the necessary arrangements on your behalf. If there’s a better deal available from an independent specialist, we’ll assist you with every step of the application process.

You can even use our exclusive remortgage calculator to compare remortgage rates and fees to Santander, ensuring you get the best possible deal.

Our Loan Comparison Services

Compare Bridging Loans | Compare Secured Loans | Compare Mortgages | Compare Remortgages | Compare Equity Release