INTERMEDIARIES & INVESTMENT PROFESSIONALS ONLY: NOT FOR PUBLIC DISTRIBUTION
Mortgage Range
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Issue 4
The rates detailed are available to all new customers and existing mortgage customers moving home with effect
from 3 March 2015
Key Changes
NEW
 2 Year Trackers at 60% and 70% LTV, Loyalty and Standard products
 70% LTV Lifetime Trackers with Homebuyer & Remortgage Solutions
 75% LTV Flexible Offset with Homebuyer & Remortgage Solutions
WITHDRAWN
 70% LTV 10 year Fixed, Loyalty and Standard products
 75% LTV 2 year Fixed 1.69% with a £1495 booking fee (min £200k) - Purchase only
AMENDED






60% LTV 2 year Fixed Purchase and Remortgage, increasing to 1.44% with a £1495 booking fee (min £200k)
60% LTV 5 year Fixed Purchase and Remortgage, increasing to 2.39% with a £995 booking fee
75% LTV 2 year Fixed Remortgage only, increasing to 1.79% with a £1495 booking fee (min £200k)
75% LTV 2 year Tracker Purchase and Remortgage, increasing to 1.69% with a £995 booking fee
75% LTV 2 year Fixed Buy to Let product, reducing to 2.79% with a £1995 fee booking fee
95% LTV 2 year Fixed Help to Buy: mortgage guarantee, increasing to 4.89% with £0 booking fee
 The charge and benefit end dates, and the completion deadlines have been rolled on
one month with new product codes issued on standard fixed rates
Abbey's mortgage range - Page 1 of 10
Fixed rate mortgages
90% LTV products, the booking fee cannot be added to the loan.
2 year Fixed rate
Maximum Loan to
Value
Initial
Rate
Differential to
BBR
APR
Booking fee
Completion deadline
Minimum
loan size
Maximum
loan size
Early Repayment
Charge
60%
1.44%
n/a
4.4%
£1,495
28 August 2015
£200,000
£1m
3%
2 June 2017
M478V
Homebuyer Free Valuation
60%
1.44%
n/a
4.3%
£1,495
30 June 2015
£200,000
£1m
3% (+ benefit)
2 June 2017
M478R
Remortgage Solution
60%
1.64%
n/a
4.4%
£995
28 August 2015
£6,000
£1m
3%
2 June 2017
M479V
Homebuyer Free Valuation
60%
1.64%
n/a
4.4%
£995
30 June 2015
£6,000
£1m
3% (+ benefit)
2 June 2017
M479R
Remortgage Solution
60%
1.99%
n/a
4.4%
£0
28 August 2015
£6,000
£550k
3%
2 June 2017
M480V
Homebuyer Free Valuation
60%
1.99%
n/a
4.4%
£0
30 June 2015
£25,000
£550k
3% (+ benefit)
2 June 2017
M480R
Remortgage Solution
70%
1.84%
n/a
4.4%
£995
28 August 2015
£6,000
£1.5m
3%
2 June 2017
M482V
Homebuyer Free Valuation
70%
1.84%
n/a
4.5%
£995
30 June 2015
£6,000
£1.5m
3% (+ benefit)
2 June 2017
M482R
Remortgage Solution
75%
1.79%
n/a
4.4%
£1,495
30 June 2015
£200,000
£1m
3% (+ benefit)
2 June 2017
M484R
Remortgage Solution
75%
1.89%
n/a
4.5%
£995
28 August 2015
£6,000
£1m
3%
2 June 2017
M485V
Homebuyer Free Valuation
75%
1.89%
n/a
4.5%
£995
30 June 2015
£6,000
£1m
3% (+ benefit)
2 June 2017
M485R
Remortgage Solution
75%
2.29%
n/a
4.4%
£0
28 August 2015
£6,000
£550k
3%
2 June 2017
M486V
Homebuyer Free Valuation
75%
2.29%
n/a
4.2%
£0
30 June 2015
£25,000
£550k
3% (+ benefit)
2 June 2017
M486R
Remortgage Solution
80%
2.29%
n/a
4.4%
£0
28 August 2015
£6,000
£1m
3%
2 June 2017
M487V
Homebuyer Free Valuation
80%
2.29%
n/a
4.4%
£0
30 June 2015
£6,000
£1m
3% (+ benefit)
2 June 2017
M487R
Remortgage Solution
85%
2.79%
n/a
4.6%
£0
28 August 2015
£6,000
£750k
3%
2 June 2017
M488V
Homebuyer Free Valuation
85%
2.79%
n/a
4.6%
£0
30 June 2015
£6,000
£750k
3% (+ benefit)
2 June 2017
M488R
Remortgage Solution
90%
3.99%
n/a
4.7%
£0
28 August 2015
£6,000
£500k
3%
2 June 2017
M489V
Homebuyer Free Valuation
Product Code Key: C = Available to All customers
R = Remortgage only
Payable if you repay on
Product Code
or before
Benefit package
H = Movers and First Time Buyers only
Abbey's mortgage range - Page 2 of 10
2 year Fixed rate - Large Loans
Maximum Loan to
Value
Initial
Rate
Differential to
BBR
APR
Booking fee
Completion deadline
Minimum
loan size
Maximum
loan size
Early Repayment
Charge
Payable if you repay on
Product Code Benefit package
or before
60%
1.69%
n/a
4.4%
£1,995
28 August 2015
£250,000
£3m
3%
2 June 2017
M481V
Homebuyer Free Valuation
60%
1.69%
n/a
4.3%
£1,995
30 June 2015
£250,000
£3m
3% (+ benefit)
2 June 2017
M481R
Remortgage Solution
70%
2.04%
n/a
4.5%
£1,995
28 August 2015
£250,000
£3m
3%
2 June 2017
M483V
Homebuyer Free Valuation
70%
2.04%
n/a
4.4%
£1,995
30 June 2015
£250,000
£3m
3% (+ benefit)
2 June 2017
M483R
Remortgage Solution
2.5 year Fixed rates for New Build Properties
Maximum Loan to
Value
Initial
Rate
Differential to
BBR
APR
Booking fee
Completion deadline
Minimum
loan size
Maximum
loan size
Early Repayment
Charge
Payable if you repay on
Product Code
or before
75%
2.04%
n/a
4.3%
£995
30 November 2015
£6,000
£1m
3%
2 December 2017
M490V
Homebuyer Free Valuation
80%
2.29%
n/a
4.4%
£995
30 November 2015
£6,000
£1m
3%
2 December 2017
M491V
Homebuyer Free Valuation
85%
2.74%
n/a
4.5%
£995
30 November 2015
£6,000
£750k
3%
2 December 2017
M492V
Homebuyer Free Valuation
Maximum Loan to
Value
Initial
Rate
Differential to
BBR
APR
Booking fee
Completion deadline
Minimum
loan size
Maximum
loan size
Early Repayment
Charge
70%
2.39%
n/a
4.3%
£995
28 August 2015
£6,000
£1.5m
3%
2 June 2018
EA69V
Homebuyer Free Valuation
70%
2.39%
n/a
4.3%
£995
30 June 2015
£6,000
£1.5m
3% (+ benefit)
2 June 2018
EA69R
Remortgage Solution
75%
2.69%
n/a
4.5%
£995
28 August 2015
£6,000
£1m
3%
2 June 2018
EA70V
Homebuyer Free Valuation
75%
2.69%
n/a
4.4%
£995
30 June 2015
£6,000
£1m
3% (+ benefit)
2 June 2018
EA70R
Remortgage Solution
90%
4.24%
n/a
4.8%
£0
28 August 2015
£6,000
£500k
3%
2 June 2018
EA71V
Homebuyer Free Valuation
Benefit package
3 year Fixed rate
Product Code Key: C = Available to All customers
R = Remortgage only
Payable if you repay on
Product Code Benefit package
or before
H = Movers and First Time Buyers only
Abbey's mortgage range - Page 3 of 10
5 year Fixed rate
Maximum Loan to
Value
Initial
Rate
Differential to
BBR
APR
Booking fee
Completion deadline
Minimum
loan size
Maximum
loan size
Early Repayment
Charge
Payable if you repay on
Product Code Benefit package
or before
60%
2.39%
n/a
4.1%
£995
28 August 2015
£6,000
£1m
5%
2 June 2020
KA97V
Homebuyer Free Valuation
60%
2.39%
n/a
3.7%
£995
30 June 2015
£6,000
£1m
5% (+ benefit)
2 June 2020
KA97R
Remortgage Solution
75%
2.89%
n/a
4.2%
£995
28 August 2015
£6,000
£1m
5%
2 June 2020
KA00V
Homebuyer Free Valuation
75%
2.89%
n/a
4.0%
£995
30 June 2015
£6,000
£1m
5% (+ benefit)
2 June 2020
KA00R
Remortgage Solution
75%
3.29%
n/a
4.3%
£0
28 August 2015
£6,000
£550k
5%
2 June 2020
KB01V
Homebuyer Free Valuation
75%
3.29%
n/a
4.1%
£0
30 June 2015
£25,000
£550k
5% (+ benefit)
2 June 2020
KB01R
Remortgage Solution
80%
3.29%
n/a
4.3%
£0
28 August 2015
£6,000
£1m
5%
2 June 2020
KB02V
Homebuyer Free Valuation
80%
3.29%
n/a
4.1%
£0
30 June 2015
£6,000
£1m
5% (+ benefit)
2 June 2020
KB02R
Remortgage Solution
85%
3.94%
n/a
4.6%
£0
28 August 2015
£6,000
£750k
5%
2 June 2020
KB03V
Homebuyer Free Valuation
85%
3.94%
n/a
4.5%
£0
30 June 2015
£6,000
£750k
5% (+ benefit)
2 June 2020
KB03R
Remortgage Solution
90%
4.45%
n/a
4.8%
£0
28 August 2015
£6,000
£500k
5%
2 June 2020
KB04V
Homebuyer Free Valuation
5 year Fixed rate - Large Loans
Maximum Loan to
Value
Initial
Rate
Differential to
BBR
APR
Booking fee
Completion deadline
Minimum
loan size
Maximum
loan size
Early Repayment
Charge
Payable if you repay on
Product Code Benefit package
or before
60%
2.75%
n/a
4.0%
£1,995
28 August 2015
£250,000
£3m
5%
2 June 2020
KA98V
Homebuyer Free Valuation
60%
2.75%
n/a
4.0%
£1,995
30 June 2015
£250,000
£3m
5% (+ benefit)
2 June 2020
KA98R
Remortgage Solution
70%
3.09%
n/a
4.2%
£1,995
28 August 2015
£250,000
£3m
5%
2 June 2020
KA99V
Homebuyer Free Valuation
70%
3.09%
n/a
4.2%
£1,995
30 June 2015
£250,000
£3m
5% (+ benefit)
2 June 2020
KA99R
Remortgage Solution
5 year Fixed rates for New Build Properties
Maximum Loan to
Value
Initial
Rate
Differential to
BBR
APR
Booking fee
Completion deadline
Minimum
loan size
Maximum
loan size
Early Repayment
Charge
75%
3.04%
n/a
4.3%
£995
30 November 2015
£6,000
£1m
5%
2 June 2020
KB05V
Homebuyer Free Valuation
75%
3.04%
n/a
4.3%
£995
30 November 2015
£6,000
£1m
5%
2 June 2020
KB05V
Homebuyer Free Valuation
Product Code Key: C = Available to All customers
R = Remortgage only
Payable if you repay on
Product Code
or before
Benefit package
H = Movers and First Time Buyers only
Abbey's mortgage range - Page 4 of 10
Tracker mortgages
90% LTV products, the booking fee cannot be added to the loan.
2 year Tracker
Maximum Loan to
Value
Initial
Rate
Differential to
BBR
APR
Booking fee
Completion deadline
Minimum
loan size
Maximum
loan size
Early Repayment
Charge
Payable if you repay on
Product Code Benefit package
or before
60%
1.39%
0.89%
4.2%
£995
28 August 2015
£6,000
£1m
None
N/A
V863V
Homebuyer Free Valuation
60%
1.39%
0.89%
4.2%
£995
30 June 2015
£6,000
£1m
(benefit)
2 April 2017
V863R
Remortgage Solution
70%
1.59%
1.09%
4.3%
£995
28 August 2015
£6,000
£1.5m
None
N/A
V864V
Homebuyer Free Valuation
70%
1.59%
1.09%
4.2%
£995
30 June 2015
£6,000
£1.5m
(benefit)
2 April 2017
V864R
Remortgage Solution
75%
1.69%
1.19%
4.3%
£995
28 August 2015
£6,000
£1m
None
N/A
V866V
Homebuyer Free Valuation
75%
1.69%
1.19%
4.2%
£995
30 June 2015
£6,000
£1m
(benefit)
2 April 2017
V866R
Remortgage Solution
80%
2.09%
1.59%
4.5%
£0
28 August 2015
£6,000
£1m
None
N/A
V862V
Homebuyer Free Valuation
80%
2.09%
1.59%
4.4%
£0
30 June 2015
£6,000
£1m
(benefit)
2 April 2017
V862R
Remortgage Solution
2 year Tracker - Large Loans
Maximum Loan to
Value
Initial
Rate
Differential to
BBR
APR
Booking fee
Completion deadline
Minimum
loan size
Maximum
loan size
Early Repayment
Charge
Payable if you repay on
Product Code Benefit package
or before
70%
1.99%
1.49%
4.4%
£1,995
28 August 2015
£250,000
£3m
None
N/A
V865V
Homebuyer Free Valuation
70%
1.99%
1.49%
4.3%
£1,995
30 June 2015
£250,000
£3m
(benefit)
2 April 2017
V865R
Remortgage Solution
Maximum Loan to
Value
Initial
Rate
Differential to
BBR
APR
Booking fee
Completion deadline
Minimum
loan size
Maximum
loan size
Early Repayment
Charge
75%
2.39%
1.89%
2.5%
£995
28 August 2015
£25,000
£1m
None
N/A
J126V
Homebuyer Free Valuation
75%
2.39%
1.89%
2.5%
£995
30 June 2015
£25,000
£1m
(benefit)
2 April 2017
J126R
Remortgage Solution
Lifetime Tracker
Payable if you repay on
Product Code Benefit package
or before
Lifetime Tracker - Large Loans
Maximum Loan to
Value
Initial
Rate
Differential to
BBR
APR
Booking fee
Completion deadline
Minimum
loan size
Maximum
loan size
Early Repayment
Charge
70%
2.64%
2.14%
2.7%
£1,995
28 August 2015
£250,000
£3m
None
N/A
J127V
Homebuyer Free Valuation
70%
2.64%
2.14%
2.7%
£1,995
30 June 2015
£250,000
£3m
(benefit)
2 April 2017
J127R
Remortgage Solution
Product Code Key: C = Available to All customers
R = Remortgage only
Payable if you repay on
Product Code Benefit package
or before
H = Movers and First Time Buyers only
Abbey's mortgage range - Page 5 of 10
Flexible Offset mortgages
Minimum loan £150,000
Flexible Offset mortgages
Maximum Loan to
Value
Initial
Rate
Differential to
BBR
APR
Booking fee
Completion deadline
Minimum
loan size
Maximum
loan size
Early Repayment
Charge
75%
2.79%
2.29%
2.9%
£1,495
28 August 2015
£150,000
£1m
None
N/A
P453V
Homebuyer Free Valuation
75%
2.79%
2.29%
2.9%
£1,495
30 June 2015
£150,000
£1m
(benefit)
2 April 2017
P453R
Remortgage Solution
Product Code Key: C = Available to All customers
R = Remortgage only
Payable if you repay on
Product Code Benefit package
or before
H = Movers and First Time Buyers only
Abbey's mortgage range - Page 6 of 10
Help to Buy: Equity Loan
These clients are not eligible for our other 75% LTV products. Clients must have a copy of their 'Authority to Proceed' document from their local Help to Buy Agent before they can proceed with a full
mortgage application.
2 year Fixed rate
Maximum Loan to
Value
Initial
Rate
Differential to
BBR
APR
Booking fee
Completion deadline
Minimum
loan size
Maximum
loan size
Early Repayment
Charge
75%
2.99%
n/a
4.6%
£0
28 August 2015
£6,000
£450k
3%
Maximum Loan to
Value
Initial
Rate
Differential to
BBR
APR
Booking fee
Completion deadline
Minimum
loan size
Maximum
loan size
Early Repayment
Charge
75%
3.29%
n/a
4.3%
£0
28 August 2015
£6,000
£450k
5%
Maximum Loan to
Value
Initial
Rate
Differential to
BBR
APR
Booking fee
Completion deadline
Minimum
loan size
Maximum
loan size
Early Repayment
Charge
75%
2.49%
1.99%
4.4%
£0
28 August 2015
£6,000
£450k
None
Payable if you repay on
Product Code Benefit package
or before
2 June 2017
H296V
Homebuyer Free Valuation
5 year Fixed rate
Payable if you repay on
Product Code Benefit package
or before
2 June 2020
H297V
Homebuyer Free Valuation
2 year Tracker
Product Code Key: C = Available to All customers
R = Remortgage only
Payable if you repay on
Product Code Benefit package
or before
N/A
H295V
Homebuyer Free Valuation
H = Movers and First Time Buyers only
Abbey's mortgage range - Page 7 of 10
Help to Buy: Mortgage Guarantee
Clients must meet the scheme eligibility criteria:
- New or existing mortgage customer moving home, or First Time Buyer
- Mortgage is for a pre-owned house only
- LTV greater than 90% and less than or equal to 95%
- Purchase price or valuation must be no more than £600,000
- Repayment (Capital & Interest) basis only
- Not an owner of any other property
2 year Fixed rate
Maximum Loan to
Value
Initial
Rate
Differential to
BBR
APR
Booking fee
Completion deadline
Minimum
loan size
Maximum
loan size
Early Repayment
Charge
95%
4.89%
n/a
4.9%
£0
28 August 2015
£6,000
£570k
3%
Maximum Loan to
Value
Initial
Rate
Differential to
BBR
APR
Booking fee
Completion deadline
Minimum
loan size
Maximum
loan size
Early Repayment
Charge
95%
4.99%
n/a
5.0%
£0
28 August 2015
£6,000
£570k
5%
Payable if you repay on
Product Code Benefit package
or before
2 June 2017
Y059V
Homebuyer Free Valuation
5 year Fixed rate
Product Code Key: C = Available to All customers
R = Remortgage only
Payable if you repay on
Product Code Benefit package
or before
2 June 2020
Y060V
Homebuyer Free Valuation
H = Movers and First Time Buyers only
Abbey's mortgage range - Page 8 of 10
Loyalty mortgages
Clients must EITHER: be an existing Santander mortgage customer moving home; OR be an existing Santander personal current account holder who pays the new Santander mortgage Direct Debit
from this account, which must be open for at least 30 days before applying for their mortgage.
Minimum loan £6,000
2 year Fixed rate
Maximum Loan to
Value
Initial
Rate
Differential to
BBR
APR
Booking fee
Completion deadline
Minimum
loan size
Maximum
loan size
Early Repayment
Charge
Payable if you repay on
Product Code Benefit package
or before
60%
1.64%
n/a
4.3%
£495
28 August 2015
£6,000
£1m
3% (+ benefit)
2 June 2017
CM12H
Homebuyer Solution
60%
1.64%
n/a
4.4%
£495
30 June 2015
£6,000
£1m
3% (+ benefit)
2 June 2017
CM12R
Remortgage Solution
60%
1.89%
n/a
4.3%
£0
28 August 2015
£6,000
£550k
3% (+ benefit)
2 June 2017
CM13H
Homebuyer Solution
60%
1.89%
n/a
4.4%
£0
30 June 2015
£6,000
£550k
3% (+ benefit)
2 June 2017
CM13R
Remortgage Solution
70%
1.84%
n/a
4.4%
£495
28 August 2015
£6,000
£1.5m
3% (+ benefit)
2 June 2017
CM14H
Homebuyer Solution
70%
1.84%
n/a
4.4%
£495
30 June 2015
£6,000
£1.5m
3% (+ benefit)
2 June 2017
CM14R
Remortgage Solution
75%
1.89%
n/a
4.4%
£495
28 August 2015
£6,000
£1m
3% (+ benefit)
2 June 2017
CM15H
Homebuyer Solution
75%
1.89%
n/a
4.4%
£495
30 June 2015
£6,000
£1m
3% (+ benefit)
2 June 2017
CM15R
Remortgage Solution
75%
2.19%
n/a
4.4%
£0
28 August 2015
£6,000
£550k
3% (+ benefit)
2 June 2017
CM16H
Homebuyer Solution
75%
2.19%
n/a
4.2%
£0
30 June 2015
£6,000
£550k
3% (+ benefit)
2 June 2017
CM16R
Remortgage Solution
80%
2.19%
n/a
4.4%
£0
28 August 2015
£6,000
£1m
3% (+ benefit)
2 June 2017
CM17H
Homebuyer Solution
80%
2.19%
n/a
4.4%
£0
30 June 2015
£6,000
£1m
3% (+ benefit)
2 June 2017
CM17R
Remortgage Solution
85%
2.69%
n/a
4.5%
£0
28 August 2015
£6,000
£750k
3% (+ benefit)
2 June 2017
CM18H
Homebuyer Solution
85%
2.69%
n/a
4.5%
£0
30 June 2015
£6,000
£750k
3% (+ benefit)
2 June 2017
CM18R
Remortgage Solution
90%
3.89%
n/a
4.7%
£0
28 August 2015
£6,000
£500k
3% (+ benefit)
2 June 2017
CM19H
Homebuyer Solution
Maximum Loan to
Value
Initial
Rate
Differential to
BBR
APR
Booking fee
Completion deadline
Minimum
loan size
Maximum
loan size
Early Repayment
Charge
70%
2.39%
n/a
4.3%
£495
28 August 2015
£6,000
£1.5m
5% (+ benefit)
2 June 2018
CE04H
Homebuyer Solution
70%
2.39%
n/a
4.2%
£495
30 June 2015
£6,000
£1.5m
5% (+ benefit)
2 June 2018
CE04R
Remortgage Solution
75%
2.69%
n/a
4.5%
£495
28 August 2015
£6,000
£1m
5% (+ benefit)
2 June 2018
CE05H
Homebuyer Solution
75%
2.69%
n/a
4.4%
£495
30 June 2015
£6,000
£1m
5% (+ benefit)
2 June 2018
CE05R
Remortgage Solution
90%
4.14%
n/a
4.7%
£0
28 August 2015
£6,000
£500k
5% (+ benefit)
2 June 2018
CE06H
Homebuyer Solution
3 year Fixed rate
Product Code Key: C = Available to All customers
R = Remortgage only
Payable if you repay on
Product Code Benefit package
or before
H = Movers and First Time Buyers only
Abbey's mortgage range - Page 9 of 10
5 year Fixed rate
Maximum Loan to
Value
Initial
Rate
Differential to
BBR
APR
Booking fee
Completion deadline
Minimum
loan size
Maximum
loan size
Early Repayment
Charge
Payable if you repay on
Product Code Benefit package
or before
60%
2.39%
n/a
4.0%
£495
28 August 2015
£6,000
£1m
5% (+ benefit)
2 June 2020
CK09H
Homebuyer Solution
60%
2.39%
n/a
3.7%
£495
30 June 2015
£6,000
£1m
5% (+ benefit)
2 June 2020
CK09R
Remortgage Solution
75%
2.89%
n/a
4.2%
£495
28 August 2015
£6,000
£1m
5% (+ benefit)
2 June 2020
CK10H
Homebuyer Solution
75%
2.89%
n/a
3.9%
£495
30 June 2015
£6,000
£1m
5% (+ benefit)
2 June 2020
CK10R
Remortgage Solution
75%
3.19%
n/a
4.3%
£0
28 August 2015
£6,000
£550k
5% (+ benefit)
2 June 2020
CK11H
Homebuyer Solution
75%
3.19%
n/a
4.1%
£0
30 June 2015
£6,000
£550k
5% (+ benefit)
2 June 2020
CK11R
Remortgage Solution
80%
3.19%
n/a
4.1%
£0
28 August 2015
£6,000
£1m
5% (+ benefit)
2 June 2020
CK12H
Homebuyer Solution
80%
3.19%
n/a
4.1%
£0
30 June 2015
£6,000
£1m
5% (+ benefit)
2 June 2020
CK12R
Remortgage Solution
85%
3.84%
n/a
4.6%
£0
28 August 2015
£6,000
£750k
5% (+ benefit)
2 June 2020
CK13H
Homebuyer Solution
85%
3.84%
n/a
4.4%
£0
30 June 2015
£6,000
£750k
5% (+ benefit)
2 June 2020
CK13R
Remortgage Solution
90%
4.35%
n/a
4.7%
£0
28 August 2015
£6,000
£500k
5% (+ benefit)
2 June 2020
CK14H
Homebuyer Solution
2 year Tracker rate
Maximum Loan to
Value
Initial
Rate
Differential to
BBR
APR
Booking fee
Completion deadline
Minimum
loan size
Maximum
loan size
Early Repayment
Charge
Payable if you repay on
Product Code Benefit package
or before
60%
1.39%
0.89%
4.3%
£495
28 August 2015
£6,000
£1m
(benefit)
2 April 2017
CT05H
Homebuyer Solution
60%
1.39%
0.89%
4.3%
£495
30 June 2015
£6,000
£1m
(benefit)
2 April 2017
CT05R
Remortgage Solution
70%
1.59%
1.09%
4.3%
£495
28 August 2015
£6,000
£1.5m
(benefit)
2 April 2017
CT06H
Homebuyer Solution
70%
1.59%
1.09%
4.3%
£495
30 June 2015
£6,000
£1.5m
(benefit)
2 April 2017
CT06R
Remortgage Solution
75%
1.69%
1.19%
4.4%
£495
28 August 2015
£6,000
£1m
(benefit)
2 April 2017
CT07H
Homebuyer Solution
75%
1.69%
1.19%
4.3%
£495
30 June 2015
£6,000
£1m
(benefit)
2 April 2017
CT07R
Remortgage Solution
80%
1.99%
1.49%
4.5%
£0
28 August 2015
£6,000
£1m
(benefit)
2 April 2017
CT04H
Homebuyer Solution
80%
1.99%
1.49%
4.3%
£0
30 June 2015
£6,000
£1m
(benefit)
2 April 2017
CT04R
Remortgage Solution
Maximum Loan to
Value
Initial
Rate
Differential to
BBR
APR
Booking fee
Completion deadline
Minimum
loan size
Maximum
loan size
Early Repayment
Charge
75%
2.39%
1.89%
2.5%
£495
28 August 2015
£25,000
£1m
(benefit)
2 April 2017
CJ01H
Homebuyer Solution
75%
2.39%
1.89%
2.5%
£495
30 June 2015
£25,000
£1m
(benefit)
2 April 2017
CJ01R
Remortgage Solution
Lifetime Tracker
Product Code Key: C = Available to All customers
R = Remortgage only
Payable if you repay on
Product Code Benefit package
or before
H = Movers and First Time Buyers only
Abbey's mortgage range - Page 10 of 10
Buy to Let mortgages
Percentage booking fees must be added to the loan
2 year Fixed rate
Maximum Loan to
Value
Initial
Rate
Differential to
BBR
APR
Booking fee
Completion deadline
Minimum
loan size
Maximum
loan size
Early Repayment
Charge
Payable if you repay on
Product Code Benefit package
or before
60%
2.35%
n/a
4.6%
£1,995
28 August 2015
£25,000
£750K
3%
2 June 2017
BLM9V
Homebuyer Free Valuation
60%
2.35%
n/a
4.6%
£1,995
30 June 2015
£25,000
£750K
3% (+ benefit)
2 June 2017
BLM9R
Remortgage Cashback
60%
2.79%
n/a
4.7%
£995
28 August 2015
£25,000
£750K
3%
2 June 2017
BLN1V
Homebuyer Free Valuation
60%
2.79%
n/a
4.6%
£995
30 June 2015
£25,000
£750K
3% (+ benefit)
2 June 2017
BLN1R
Remortgage Cashback
75%
2.79%
n/a
4.6%
£1,995
28 August 2015
£25,000
£750K
3%
2 June 2017
BLN2V
Homebuyer Free Valuation
75%
2.79%
n/a
4.6%
£1,995
30 June 2015
£25,000
£750K
3% (+ benefit)
2 June 2017
BLN2R
Remortgage Cashback
75%
3.34%
n/a
4.6%
£995
28 August 2015
£25,000
£750K
3%
2 June 2017
BLN3V
Homebuyer Free Valuation
75%
3.34%
n/a
4.8%
£995
30 June 2015
£25,000
£750K
3% (+ benefit)
2 June 2017
BLN3R
Remortgage Cashback
Maximum Loan to
Value
Initial
Rate
Differential to
BBR
APR
Booking fee
Completion deadline
Minimum
loan size
Maximum
loan size
Early Repayment
Charge
60%
3.29%
n/a
4.7%
2.50% (must be added
to the loan)
28 August 2015
£25,000
£750K
5%
2 June 2020
BLN4V
Homebuyer Free Valuation
30 June 2015
£25,000
£750K
5% (+ benefit)
2 June 2020
BLN4R
Remortgage Cashback
5 year Fixed rate
Payable if you repay on
Product Code Benefit package
or before
60%
3.29%
n/a
5.7%
2.50% (must be added
to the loan)
60%
3.59%
n/a
4.8%
£1,995
28 August 2015
£25,000
£750K
5%
2 June 2020
BLN5V
Homebuyer Free Valuation
60%
3.59%
n/a
5.6%
£1,995
30 June 2015
£25,000
£750K
5% (+ benefit)
2 June 2020
BLN5R
Remortgage Cashback
75%
3.99%
n/a
4.7%
£1,995
28 August 2015
£25,000
£750K
5%
2 June 2020
BLN6V
Homebuyer Free Valuation
75%
3.99%
n/a
5.9%
£1,995
30 June 2015
£25,000
£750K
5% (+ benefit)
2 June 2020
BLN6R
Remortgage Cashback
Maximum Loan to
Value
Initial
Rate
Differential to
BBR
APR
Booking fee
Completion deadline
Minimum
loan size
Maximum
loan size
Early Repayment
Charge
75%
2.84%
2.34%
4.7%
£995
28 August 2015
£25,000
£750K
2%
2nd anniversary
BLM1V
Homebuyer Free Valuation
75%
2.84%
2.34%
4.5%
£995
30 June 2015
£25,000
£750K
2% (+ benefit)
2nd anniversary
BLM1R
Remortgage Cashback
2 year Tracker
Product Code Key: C = Available to All customers
R = Remortgage only
Payable if you repay on
Product Code Benefit package
or before
H = Movers and First Time Buyers only
Product notes
Bank of England Base Rate officially known as Bank of England Repo Rate, currently 0.50%. Santander’s Standard Variable Rate, currently 4.74%.
General notes
 Interest is calculated on a daily basis and charged monthly for all products
 We reserve the right to increase or reduce the Standard Variable Rate, SVR is not available to new customers
 Variable Rate Tracker products are subject to a minimum rate of 0.0001%
 Maximum loan size on mortgage products relates to the total borrowing required by the customer, not just the borrowing on that product
 Booking fees are charged on some of our products. Where the fee has been added to the loan, the added fee will attract interest over the term. The customer can
repay this by cheque within 14 days after completion without incurring any interest on the booking fee.
 If you choose a product that allows the customer to add the fee to the loan, the added fee will attract interest, and in turn will increase the interest paid over the term of
the mortgage
Pre-completion product change fee
If any customer wants to change to another product after their application has been agreed and the survey has been instructed, they have to pay a fee of £199. This fee cannot
be capitalised in any circumstances. If a customer wishes to change their product they must pay this fee before the product change is processed.
If the customer has already paid the booking fee upfront for the original product and wants to change to another product, the new booking fee would be payable as well.
Booking Fee Refund Policy
If the customer changes their mind after we have collected a booking fee paid upfront, we would not refund it unless one of the following applies:
 we decline the application for any reason prior to the valuation being requested,
 after the valuation has been completed our surveyor decides that the property would be inadequate security for Santander,
 our surveyor downvalues the property and the customer needs to select a different product.
Top up of an existing product
Prior to completion, the maximum top up available is 10% of the original loan amount. The minimum is £1,000.
Early Repayment Charges
Our ERCs are calculated as a percentage of the outstanding mortgage balance at the time of redemption. The level of charge will differ by the type of product and the product term.
All borrowers are able to make capital repayments of up to 10% of their total outstanding loan balance each calendar year without incurring an ERC. The minimum capital
repayment is £500. If the booking fee has been added to the loan, the customer can repay this within 14 days following completion. Repayment of the booking fee will not affect a
customer’s ability to repay up to 10% of the capital each calendar year, free of any early repayment charge.
Benefit package ERCs associated with Homebuyer Solution, Remortgage Solution and Remortgage Cashback will continue to be charged as a fixed amount on top of the
percentage ERC.
MORT0164 03MAR15 M
Benefit packages
Remortgage Solution (Available to all customers remortgaging their residential property where the product offers Remortgage Solution)
 Free standard valuation - all customers will receive a free valuation for mortgage purposes (up to a property value £2.5 million). In certain circumstances we may need to
arrange a full inspection. In these cases, the valuer will contact the customer directly
 Standard legal work - we will also arrange and pay for the cost of standard legal work involved in transferring the mortgage, ensuring it will be undertaken professionally and
speedily. The customer will be required to pay for the following third party fees above this limit if they apply:
– For leasehold properties - the landlord’s registration fee for registering the mortgage with the landlord in accordance with the terms of the lease
– If the title to the property is unregistered - the additional land registry registration fee
If any additional work is required, which is not normally associated with a remortgage, this will be at the customer’s own cost. The customer will be advised of the cost of
additional work before any work is carried out.
Alternatively the customer can receive £250 cashback at completion as a contribution towards legal costs.
Remortgage Cashback (Available to all customers remortgaging their Buy to Let property where the product offers Remortgage Cashback)
 Free standard valuation - all customers will receive a free standard valuation for mortgage purposes (up to a property value of £2.5 million). In certain circumstances we
may need to arrange a full inspection. In these cases, the valuer will contact the customer directly.
 £250 cashback - all customers will also receive £250 cashback at completion, as a contribution towards legal costs.
Homebuyer Solution (Available to all customers purchasing a new residential property where the product offers Homebuyer Solution)
 Free standard valuation - all customers will receive a free valuation for mortgage purposes (up to a property value of £2.5 million). In certain circumstances we may need to
arrange a full inspection. In these cases, the valuer will contact the customer directly.
 £250 cashback - all customers will also receive £250 cashback at completion, as a contribution towards legal costs.
Homebuyer Free Valuation (Available to all customers purchasing a new residential or Buy to Let property where the product offers Homebuyer Free Valuation)
 Free standard valuation - all customers will receive a free standard valuation for mortgage purposes (up to a property value of £2.5 million). In certain circumstances we
may need to arrange a full inspection. In these cases, the valuer will contact the customer directly.
Benefit packages ERC - Should the customer redeem their mortgage on or before 2 April 2017 the cashback or standard legal work benefit must be repaid (£250 cash back or
a maximum of £200 for residential remortgage legal work). The repayment of the benefit received will be in addition to any product early repayment charge applicable.
Santander for Intermediaries is a brand and is not a regulated company. We offer information and access to the products and services provided by Santander UK plc under the brand names of Abbey, Alliance &
Leicester and Santander. Registered office of Santander UK plc is 2 Triton Square, Regent's Place, London, NW1 3AN, United Kingdom. Registered Number 2294747. Registered in England and Wales.
Santander UK plc Telephone 0870 607 6000. Calls may be recorded or monitored. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential
Regulation Authority. Financial Services Register number is 106054. Abbey, Alliance & Leicester, Santander and the flame logo are registered trademarks.
MORT0164 03MAR15 M