Santander announce Residential Mortgages rates and their affordability criteria are improving as of Wednesday 4 December
Santander are reducing residential Mortgage affordability rates, helping more families get the mortgage amount they need.
This follows the Bank of England base rate going down in November. Use our affordability calculator on our website to find out what your clients could borrow.
This update is important to families because it makes homeownership more accessible by increasing the amount they may be eligible to borrow. With Mortgage lower affordability rates, families can potentially secure larger mortgages, making it easier to purchase a home that meets their needs or move into a more suitable property.
For families planning their future, these improvements provide greater financial flexibility and open the door to housing opportunities that might have previously been out of reach. Using Santander’s affordability calculator can help families understand their borrowing potential under the new criteria.
Here at Golden Rock Solutions we source information so you get the best support, service & speedy delivery and obviously price for your Mortgage needs (that’s residential, buy to let or commercial solutions) Also how you protect your mortgage after all you are in a contract and any one can be ill! We can help with life insurance, Mortgage protection, Critical illness Protection and income protection
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Your home may be repossessed if you do not keep up with your repayments.