- Borrow over £10,000 with Secured Loans Santander
- You don’t need to be an existing Santander Bank customer
- Loan to Value up to 90% with a Santander secured loan
- Keep your mortgage
- 5.98% APRC rate
Santander secured loan notes
A Santander secured loan enquiry is usually about one thing.
You own a home, or you have enough equity in one, and you want to borrow against it without changing everything else at once.
The money might be for home improvements. It might be for a larger purchase. It might also be used to consolidate several payments into a single monthly amount.
That is why many homeowners compare Santander-style borrowing with a debt consolidation loan before they decide what route feels right.
Some people also look at wider debt consolidation options when they want a cleaner monthly budget.
A simple way to read the offer
The main figures are the amount borrowed, the term, the monthly payment and the total cost.
The monthly payment often gets the most attention. That is natural.
Still, the term matters too. A longer term can make the monthly figure feel easier. It can also change the total amount paid over the full loan.
For some homeowners, a further advance is worth comparing with a new secured loan.
Others prefer to compare lender pages first. A page about a Halifax secured loan can help you see how similar products are presented.
You can also compare HSBC secured loans and NatWest secured loans if you want more than one high-street name on the same shortlist.
Before you start the form
Have a rough property value in mind.
Have the current mortgage balance nearby too.
Those two figures help with the loan-to-value estimate.
You do not need a perfect spreadsheet.
A simple list is enough for the first enquiry.
Write down income, regular bills and any debts you want to clear.
Then choose the amount you want to borrow.
Keep the figure realistic. It should match the job you want the loan to do.
What the application is really checking
A lender usually looks at the property, the equity, and the monthly budget.
It will also look at income. That can include employment income, self-employed income, pensions and other regular income.
The credit file is part of the picture. It is not always the whole picture.
If the credit file has older problems, some readers look at bad credit loans with no guarantor online before they compare secured borrowing.
People with a county court judgment history may also compare CCJ loans from a direct lender in the UK.
When speed matters
Some borrowers want to know the likely answer quickly.
That does not mean the final offer should be rushed. It means the first indication needs to be clear.
If speed is the main reason for looking around, compare bad credit loans with an instant decision direct lender.
For homeowners, an instant decision secured loan for bad credit may also be relevant.
The form at the top of this page is there for that first step.
It keeps the enquiry short. It also keeps the page focused on one action.
Direct lenders and brokers
Some homeowners prefer to deal direct.
They want to avoid extra people in the middle. They also want the fee position to be simple.
If that matters, it is sensible to compare bad credit loan lenders that are not brokers.
Some readers also compare no credit check loan options when they want a softer first look at what might be possible.
The main thing is to keep the enquiry tidy.
Use the same income figures. Use the same property value. Use the same loan amount.
That makes any comparison easier to read.
Keep the comparison fair
Use the same loan amount for every lender.
Use the same term where you can.
That stops one example from looking cheaper only because it runs for longer.
Check whether any fee is paid upfront or added to the loan.
That small detail can change the total cost.
It is also worth checking whether overpayments are allowed.
Some borrowers like a fixed payment. Others want room to clear the balance faster.
The right choice depends on how steady the household income feels.
Loan purpose
A Santander-style secured loan can be used for several purposes.
Home improvements are common. Debt consolidation is common too.
Some people raise funds for a car. Some use the money for repairs. Others want a reserve for a planned family expense.
Borrowers comparing other banks may also consider a TSB secured loan.
Older homeowners may also compare routes such as equity release under 55, where the page topic overlaps with property-backed borrowing.
That comparison should stay practical.
Look at the amount needed. Look at the monthly payment. Then look at how long the borrowing will run.
A cleaner way to compare examples
The old page had many repeated lender examples. They made the page hard to read.
A shorter comparison works better.
For example, compare one Santander-style figure with one direct lender figure and one high-street figure.
Then ask whether the payment fits the month.
That is easier than reading a long run of similar figures.
If you are comparing several lenders, write down the loan amount first. Then write down the term. Then write down the monthly payment.
Leave space for fees.
That small habit makes the figures easier to compare later.
If the property is leasehold
Leasehold homes can still be part of a secured loan enquiry.
The remaining lease length may matter.
Service charges may also be relevant.
Keep those details to hand if you have them.
If the home is a flat, use the best current value available.
A recent estate agent estimate can help.
So can an online valuation, if it looks close to local sale prices.
Short questions
Do I need to be a Santander customer?
The opening list says you do not need to be an existing Santander Bank customer.
Can the loan sit alongside my mortgage?
The opening list says you can keep your mortgage.
Can I use the money for more than one purpose?
Many secured loan enquiries are for multiple reasons.
For example, a homeowner may want to pay down debts and set aside money for repairs.
Santander UK details
Santander UK plc is registered in England and Wales under company number 02294747.
The registered office is 2 Triton Square, Regent’s Place, London, NW1 3AN, United Kingdom.
Santander UK plc is authorised by the Prudential Regulation Authority. It is regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Its Financial Services Register number is 106054.
The Santander contact page is santander.co.uk/personal/support/contact-us.
General telephone support: 0330 9 123 123.
Loan support: 0800 876 6386.
Mortgage support: 0800 917 5630.
Online and mobile banking support: 0330 123 0209.
Does Santander offer secured loans?
This page is about secured loans, Santander-style borrowing. The form above is for a quick homeowner loan enquiry.
Can I keep my mortgage?
The opening list says you can keep your mortgage. The enquiry can still look at the equity in your home.
Can I use a secured loan for debt consolidation?
Many homeowners use secured borrowing to combine payments. The amount, term and monthly payment still need to be clear.