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Remortgage with Santander
debzebhinds
Posts: 9 Forumite
Hi there,
We are currently with Santander and due to remortgage for the first time, we are looking to stay with them and move onto a five year fixed. What information is usually required to remortgage I.e are you required to submit bank statements, p60's etc like a new application or is it fairly straight forward if you want to remain with the same bank?
Many thanks
We are currently with Santander and due to remortgage for the first time, we are looking to stay with them and move onto a five year fixed. What information is usually required to remortgage I.e are you required to submit bank statements, p60's etc like a new application or is it fairly straight forward if you want to remain with the same bank?
Many thanks
0
Comments
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You need to produce nothing and it can be done online.
They will probably not offer you the most competitive rate available.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
Remaining with the same lender is a product switch not a remortgage.0
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When you change the deal with the same lender, do they carry out the valuation of the house?0
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I have also found that the terms offered by Santander to me as an existing customer are not as competitive as they offer to new customers.
I've now been with them for 6 years. My fixed rates buy to let is about to expire and others are offering far better headline rates (need to do some more calculations to see if they actually are that good once fees are factored it)
Is it a simple process to re-mortgage?
I am currently considering the following:
Leeds Building Society
Virgin
Platform
Their rates are competitive and Virgin's fee is only £500 which is half what some others charge0 -
I have also found that the terms offered by Santander to me as an existing customer are not as competitive as they offer to new customers.
I've now been with them for 6 years. My fixed rates buy to let is about to expire and others are offering far better headline rates (need to do some more calculations to see if they actually are that good once fees are factored it)
Is it a simple process to re-mortgage?
I am currently considering the following:
Leeds Building Society
Virgin
Platform
Their rates are competitive and Virgin's fee is only £500 which is half what some others charge
The process for them is simple they ask you for information and then see what you come up with...:rotfl:0
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