View here for Santander’s latest announcements. Please remember that you can access Santander products, including semi-exclusive mortgages, through our direct to lender mortgage club which pays on completion. Contact us for more information. Visit Santander for Intermediaries website
Buy to Let affordability rates improving
On Wednesday 20 November, we’ll be making some changes to our Buy to Let affordability rates.
Buy to Let affordability rates
Our Buy to Let affordability rates will be going down:
Please use our Buy to Let calculator on our website to get an accurate reflection of what your clients can borrow.
Pipeline rules
All full mortgage applications (FMAs) submitted by 10pm on Tuesday 19 November won’t be affected by these changes.
Any FMAs submitted from 6am on Wednesday 20 November will be assessed using our new lending policy.
If a material change is made to an existing application from 6am on Wednesday 20 November, the case will be reassessed using our new lending policy.