INTERMEDIARIES & INVESTMENT PROFESSIONALS ONLY: NOT FOR PUBLIC DISTRIBUTION Mortgage range Issue 17 Rates effective from 14 December 2017 The s detailed are available to all new customers and existing mortgage customers moving home. Key changes AMENDED 85% LTV 5 year fixed 2.24% 999 product, purchase and remortgage reduced to 499 90% LTV 2 year fixed 2.49% 0 product reduced by 0.29% to 2.20% and removed cashback from purchase version 90% LTV 5 year fixed 2.74% 999 product, purchase and remortgage - reduced 999 to 499 95% LTV 2 year fixed 4.09% 0 product 250 cashback added 95% LTV 5 year fixed 4.54% 0 product - 250 cashback added WITHDRAWN 90% LTV 2 year fixed 2.20% 999 product, purchase and remortgage WITHDRAWN The change and benefit end dates and completion s have all been rolled on one month with new product s issued. Page 1 of 14
Fixed mortgages For 95% LTV products, the product cannot be added to the loan. 2 year fixed 60% 1.29% n/a 999 29 June 2018 6k 1.0m 3% 2 April 2020 MC30V 60% 1.29% n/a 999 30 April 2018 6k 1.0m 3% (+ benefit) 2 April 2020 MC30R 60% 1.64% n/a 0 30 April 2018 25k 550k 3% (+ benefit) 2 April 2020 MC31R 60% 1.64% n/a 0 29 June 2018 6k 550k 3% 2 April 2020 MC31V 75% 1.44% n/a 999 29 June 2018 6k 1.5m 3% 2 April 2020 MC37V 75% 1.44% n/a 999 30 April 2018 6k 1.5m 3% (+ benefit) 2 April 2020 MC37R 75% 1.69% n/a 0 30 April 2018 25k 550k 3% (+ benefit) 2 April 2020 MC38R 75% 1.69% n/a 0 29 June 2018 6k 550k 3% 2 April 2020 MC38V 85% 1.54% n/a 999 29 June 2018 6k 1.0m 3% (+ benefit) 2 April 2020 MC39H 85% 1.54% n/a 999 30 April 2018 6k 1.0m 3% (+ benefit) 2 April 2020 MC39R 85% 1.94% n/a 0 30 April 2018 25k 550k 3% (+ benefit) 2 April 2020 MC41R 85% 1.94% n/a 0 29 June 2018 6k 550k 3% (+ benefit) 2 April 2020 MC41H 90% 2.20% n/a 0 29 June 2018 6k 570k 3% 2 April 2020 MC42V Page 2 of 14
90% 2.20% n/a 0 30 April 2018 25k 570k 3% (+ benefit) 2 April 2020 MC42R 95% 4.09% n/a 0 29 June 2018 6k 570k 3% (+ benefit) 2 April 2020 MC43H 2.5 year fixed s for new build properties you repay on or before 60% 1.39% n/a 999 28 September 2018 6k 1.0m 3% (+ benefit) 2 October 2020 MC44H 85% 1.84% n/a 999 28 September 2018 6k 750k 3% (+ benefit) 2 October 2020 MC45H Page 3 of 14
5 year fixed 60% 1.79% n/a 999 29 June 2018 6k 1.0m 5% (+ benefit) 2 April 2023 KG44V 60% 1.79% n/a 999 30 April 2018 6k 1.0m 5% (+ benefit) 2 April 2023 KG44R 60% 2.04% n/a 0 30 April 2018 25k 550k 5% (+ benefit) 2 April 2023 KG46R 60% 2.04% n/a 0 29 June 2018 6k 550k 5% 2 April 2023 KG46V 75% 2.14% n/a 0 30 April 2018 25k 550k 5% (+ benefit) 2 April 2023 KG50R 75% 2.14% n/a 0 29 June 2018 6k 550k 5% 2 April 2023 KG50V 80% 2.09% n/a 999 29 June 2018 6k 1.0m 5% (+ benefit) 2 April 2023 KG51H 80% 2.09% n/a 999 30 April 2018 6k 1.0m 5% (+ benefit) 2 April 2023 KG51R 80% 2.39% n/a 0 29 June 2018 6k 550k 5% (+ benefit) 2 April 2023 KG52H 80% 2.39% n/a 0 30 April 2018 25k 550k 5% (+ benefit) 2 April 2023 KG52R 85% 2.24% n/a 499 29 June 2018 6k 1.0m 5% (+ benefit) 2 April 2023 KG53H 85% 2.24% n/a 499 30 April 2018 6k 1.0m 5% (+ benefit) 2 April 2023 KG53R 85% 2.49% n/a 0 30 April 2018 25k 550k 5% (+ benefit) 2 April 2023 KG54R 85% 2.49% n/a 0 29 June 2018 6k 550k 5% (+ benefit) 2 April 2023 KG54H 90% 2.74% n/a 499 29 June 2018 6k 570k 5% (+ benefit) 2 April 2023 KG55H Page 4 of 14
90% 2.74% n/a 499 30 April 2018 6k 570k 5% (+ benefit) 2 April 2023 KG55R 90% 3.04% n/a 0 29 June 2018 6k 570k 5% (+ benefit) 2 April 2023 KG57H 5 year fixed for first time buyers you repay on or before 95% 4.54% n/a 0 29 June 2018 6k 570k 5% (+ benefit) 2 April 2023 KG58H 10 year fixed 60% 2.59% n/a 999 29 June 2018 6k 1.0m 6% 2 April 2028 W064V 60% 2.59% n/a 999 30 April 2018 6k 1.0m 6% (+ benefit) 2 April 2028 W064R Page 5 of 14
Tracker mortgages For 95% LTV products, the product cannot be added to the loan. 2 year tracker 60% 1.44% 0.94% 999 29 June 2018 6k 1.0m None N/A V976V 60% 1.44% 0.94% 999 30 April 2018 6k 1.0m (benefit) 2 February 2020 V976R 75% 1.89% 1.39% 999 29 June 2018 6k 1.0m None N/A V977V 75% 1.89% 1.39% 999 30 April 2018 6k 1.0m (benefit) 2 February 2020 V977R 85% 2.14% 1.64% 999 29 June 2018 6k 1.0m None N/A V978V 85% 2.14% 1.64% 999 30 April 2018 6k 1.0m (benefit) 2 February 2020 V978R 95% 3.99% 3.49% 0 29 June 2018 6k 570k None N/A V967V Lifetime tracker 75% 2.39% 1.89% 999 29 June 2018 25k 1.0m None N/A J166V 75% 2.39% 1.89% 999 30 April 2018 25k 1.0m (benefit) 2 February 2020 J166R Page 6 of 14
Large loan mortgages 3 million unless stated otherwise. 2 year fixed - large loans 70% 1.74% n/a 1,999 29 June 2018 250k 3.0m 3% 2 April 2020 MC32V 70% 1.74% n/a 1,999 30 April 2018 250k 3.0m 3% (+ benefit) 2 April 2020 MC32R 2 year fixed 75% 1.25% n/a 1,499 29 June 2018 250k 1.5m 3% 2 April 2020 MC34V 75% 1.25% n/a 1,499 30 April 2018 250k 1.5m 3% (+ benefit) 2 April 2020 MC34R 75% 1.44% n/a 999 29 June 2018 6k 1.5m 3% 2 April 2020 MC37V 75% 1.44% n/a 999 30 April 2018 6k 1.5m 3% (+ benefit) 2 April 2020 MC37R Page 7 of 14
5 year fixed - large loans 60% 2.09% n/a 1,999 29 June 2018 250k 3.0m 5% 2 April 2023 KG47V 60% 2.09% n/a 1,999 30 April 2018 250k 3.0m 5% (+ benefit) 2 April 2023 KG47R 70% 2.29% n/a 1,999 29 June 2018 250k 3.0m 5% 2 April 2023 KG48V 70% 2.29% n/a 1,999 30 April 2018 250k 3.0m 5% (+ benefit) 2 April 2023 KG48R 5 year fixed 75% 1.94% n/a 999 29 June 2018 6k 1.5m 5% 2 April 2023 KG49V 75% 1.94% n/a 999 30 April 2018 6k 1.5m 5% (+ benefit) 2 April 2023 KG49R 2 year tracker - large loans 70% 1.94% 1.44% 1,999 29 June 2018 250k 3.0m None N/A V961V 70% 1.94% 1.44% 1,999 30 April 2018 250k 3.0m (benefit) 2 February 2020 V961R Page 8 of 14
Help to Buy: equity loan These products are available for Help to Buy: equity loan and London Help to Buy. 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 you repay on or before 75% 1.39% n/a 999 29 June 2018 6k 450k 3% (+ benefit) 2 April 2020 H2AJH 2.5 year fixed you repay on or before 75% 1.49% n/a 999 28 September 2018 6k 450k 3% (+ benefit) 2 October 2020 H2AKH 75% 1.89% n/a 0 28 September 2018 6k 450k 3% (+ benefit) 2 October 2020 H2AIH 5 year fixed you repay on or before 75% 2.44% n/a 999 28 September 2018 6k 450k 5% (+ benefit) 2 April 2023 H2AMH 75% 2.69% n/a 0 28 September 2018 6k 450k 5% (+ benefit) 2 April 2023 H2ALH Page 9 of 14
2 year tracker you repay on or before 75% 1.89% 1.39% 999 28 September 2018 6k 450k 0% + (benefit) N/A H28OH Page 10 of 14
Buy to Let mortgages Percentage product s must be added to the loan. 2 year fixed 60% 1.54% n/a 1,495 29 June 2018 25k 750k 3% 2 April 2020 BLAGV 60% 1.54% n/a 1,495 30 April 2018 25k 750k 3% (+ benefit) 2 April 2020 BLAGR 60% 2.29% n/a 0 30 April 2018 25k 750k 3% (+ benefit) 2 April 2020 BLAHR 75% 2.04% n/a 1,495 30 April 2018 25k 750k 3% 2 April 2020 BLAIR 75% 2.04% n/a 1,495 29 June 2018 25k 750k 3% (+ benefit) 2 April 2020 BLAIV 75% 2.69% n/a 0 30 April 2018 25k 750k 3% 2 April 2020 BLAJR 5 year fixed 60% 2.44% n/a 1,495 30 April 2018 25k 750k 5% 2 April 2023 BLAKR 60% 2.44% n/a 1,495 29 June 2018 25k 750k 5% (+ benefit) 2 April 2023 BLAKV 75% 3.04% n/a 1,495 30 April 2018 25k 750k 5% 2 April 2023 BLALR 75% 3.04% n/a 1,495 29 June 2018 25k 750k 5% (+ benefit) 2 April 2023 BLALV Page 11 of 14
2 year tracker you repay on or before 75% 2.94% 2.44% 999 29 June 2018 25k 750k 2% 2nd anniversary BLA6V 75% 2.94% 2.44% 999 30 April 2018 25k 750k 2% (+ benefit) 2nd anniversary BLA6R Page 12 of 14
notes Bank of England Base Rate is currently 0.50%. Santander s Standard Variable Rate (SVR) is currently 4.74%. General notes Interest is calculated on a daily basis and d monthly for all products We reserve the right to increase or reduce the SVR. SVR is not available to new customers Variable tracker products are subject to a minimum of 0.0001% on mortgage products relates to the total borrowing required by the customer, not just the borrowing on an individual product s are d on some of our products. Where the has been added to the loan, the added will attract interest over the term of the mortgage. The customer can repay this by cheque within 14 days after completion without incurring any interest on the product. refund policy If the customer changes their mind after we have collected a product 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 downs 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. s (ERCs) Our ERCs are calculated as a percentage of the outstanding mortgage balance at the time of redemption. The level of will differ by the type of product and the product term. All borrowers are able to make overpayments of up to 10% of their total outstanding fixed loan balance each calendar year without incurring an ERC. Unlimited overpayments can be made on all tracker loan balances without incurring an ERC. A minimum amount may apply. Please visit santanderforintermediaries.co.uk for more information. Page 13 of 14
s - available to customers remortgaging their residential and Buy to Let property where offered. Free standard valuation for mortgage purposes up to a property of 2.5 million. If your client would like a survey they will need to arrange this independently and pay for any associated costs. Standard legal work paid OR 250 cashback on completion. The customer will need to pay for the following additional s if they apply: For leasehold properties - the landlord s registration 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 In Scotland where the deeds are currently recorded on the sasine register Also if any additional work is needed, 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. - available to customers purchasing a new residential property where offered. Free standard valuation for mortgage purposes up to a property of 2.5 million. If your client would like a survey they will need to arrange this independently and pay for any associated costs. 250 cashback on completion. - available to customers purchasing a new residential or Buy to Let property where offered. Free standard valuation for mortgage purposes up to a property of 2.5 million. If your client would like a survey they will need to arrange this independently and pay for any associated costs. ERC - should the customer redeem their mortgage on 2 February 2020 the cashback or standard legal work benefit must be repaid ( 250 cashback or a maximum of 200 for residential remortgage legal work). The of the benefit received will be in addition to any product ERC applicable. Aimed at intermediaries and investment professionals only. Not for public distribution. Santander for Intermediaries is a brand of Santander UK plc and is not a regulated company. Santander UK plc. Registered Office: 2 Triton Square, Regent's Place, London, NW1 3AN, United Kingdom. Registered Number 2294747. Registered in England and Wales. www.santander.co.uk. Telephone 0800 389 7000. Calls may be recorded or monitored. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our Financial Services Register number is 106054. Santander and the flame logo are registered trademarks. Page 14 of 14