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Interest Only Improvements from Santander

01 March 2017

Santander logo

Santander have improved their criteria on Interest Only mortgages. 

NEW:

  • Mortgage Term can now go up to oldest applicants 70th birthday.
  • No minimum income required
     

Other points to remember about Santander Interest Only are:

  • Part Interest only (sale of property), minimum £150,000 equity at the end of the mortgage term
  • LTV’s - Interest Only max 50%, Part Interest Only max 75% 

Full lending criteria can be viewed here


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