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Santander mortgage

I currently have a mortgage with Santander but we are looking at selling, I’m self employed but I saw somewhere that you have to put 25% deposit of your self
played? Does this include if you already have a mortgage with them ?

Comments

  • K_S
    K_S Posts: 6,908 Forumite
    Fifth Anniversary 1,000 Posts Photogenic Name Dropper
    edited 12 May 2021 at 3:24PM
    @newbie80 If you are talking about porting the Santander mortgage to your new home, as per their published criteria, the 75% cap on self-employed applications excludes existing Santander mortgage customers moving home.
    I will caveat that by saying that it might not be as easy as it sounds, currently Santander is one of the more nit-picky mainstream lenders when it comes to assessing SE applications and porting can be subject to a lot of different aspects.

    I am a Mortgage Adviser - You should note that this site doesn't check my status as a mortgage adviser, 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. 

    PLEASE DO NOT SEND PMs asking for one-to-one-advice, or representation.

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