Santander Boosts New-Build Affordability

Santander relaxes affordability tests on new build homes   – Mortgage Finance Gazette

Santander UK has improved its affordability rates on new build homes, which will allow customers to borrow more than £5,600 of extra cash.   The lender says its new calculations “consider features particular to owning new build properties, including their lower running costs when compared… The post Santander relaxes affordability tests on new build homes   appeared first on Mortgage Finance Gazette.

Santander boosts new build affordability    – Mortgage Strategy

Santander UK has improved its affordability rates on new build homes, which will allow customers to borrow more than £5,600 of extra cash.   The lender says its new calculations “consider features particular to owning new build properties, including their lower running costs when compared to the purchase of an older

Santander updates new build affordability calculations

Santander UK has introduced improved affordability rates on new build properties which will allow customers, purchasing a new build home, to borrow thousands more than before.   The updated calculations consider features particular to owning new build properties, including their lower running costs when compared to the purchase of an older property. By reflecting these adjustments in its calculations, Santander can now lend customers more.   Alo…

Santander boosts new-build affordability

Santander has improved its new-build affordability policy so homemover and first-time buyer clients can borrow more.