In a new report1 published today, , the Social Market Foundation (SMF) reveal that only 1% of primary school teachers feel that their students’ level of financial literacy is adequate. Â
With the average age climbing for those getting a foot on the property ladder, new data from Santander UK reveals that nearly one in five (18%) first-time buyers are now aged 40 or over.
The latest findings from the Santander Trade Barometer indicate almost a third (28%) of UK companies now expect more than half their revenue to come from international markets in the next 12 months. That figure has doubled in the last two years.
Santander UK has today made reductions to selected fixed rates across its purchase, remortgage, and buy-to-let range. It is also launching a range of new buy-to-let two-year tracker products, up to 75% LTV.
Santander has launched a prize draw for new and existing customers investing through the Santander Investment Hub, with customers who invest at least £1,000 able to win back their investment up to a maximum of £20,000. Three lucky winners will be selected monthly across April, May and June 2024.
From today, customers aged between 20 to 25 can get a free four-year Santander Railcard when they open any Santander current account before 30 April 2024.
From Tuesday 9 April, Santander will be making a number of changes to its lending criteria. The changes will enable would-be homebuyers to access a wider range of products.
Santander has confirmed that it will be ending its £185 switcher offer today, with switch requests accepted until 23:59 04 April 2024. The bank has seen strong demand in switching requests since the switcher offer was launched on 18 March 2024.
The scam: Criminals pose as ‘sellers’ on online selling platforms or marketplaces and post fake adverts offering items for sale which are not as described or simply do not exist.
UK based logistics firm Consolid8 was targeted by scammers pretending to be their bank and instructed to ‘act now or lose £18,000’ by the criminals
From 20 May 2024, Santander UK will be changing the interest rate offered on its off-sale, variable rate Easy Access Saver Limited Edition (Issue 3) account.
Santander UK has today officially opened its new Belfast HQ, at City Quays 3, 25 years after its predecessor, Abbey National, first set up base in the city.
From Tuesday 27 February, Santander UK is increasing the maximum loan-to-value (LTV) available on New Build houses and flats to 95%, meaning that aspiring homeowners only need a 5% deposit to make their homeownership dreams a reality.
Santander’s ‘Break The Spell’ team prevented customers from handing over £5.2 million to scammers last year, bringing the total amount saved to £13.7 million since launching in 2021. Today’s figures come as the bank warns customers to be guarded against Valentine’s Day scams.
Santander UK has today made further reductions to its mortgage portfolio across selected residential rates for remortgage clients, and announced cuts across all its buy to let rates.
Santander has today launched the Santander Edge credit card which offers up to £15 in cashback a month, with customers earning 2% cashback on all purchases for the first year and 1% after that. Customers will also benefit from fee-free spending when using their card abroad.
