Santander UK
| Use attributes for filter ! | |
| Ceo | Nathan Bostock |
|---|---|
| Revenue | 4. 573 billion GBP (2015) |
| Number of employees | 19,992 (2015) |
| Parent organizations | Santander Group |
| Subsidiaries | Cater Allen |
| Santander Consumer (UK) plc | |
| Headquarters | London |
| United Kingdom | |
| England | |
| United Kingdom | |
| United Kingdom | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 857164 |
About Santander UK
Santander UK plc is a British bank, wholly owned by the Spanish Santander Group. Santander UK plc manages its affairs autonomously, with its own local management team, responsible solely for its performance.
UK banks can withstand fresh crisis, key test finds
... The banks and building societies that have been tested include: Barclays, Lloyds, HSBC, NatWest, Santander Uk, Standard Chartered, Nationwide Building Society and Virgin Money...
António Horta-Osório: The banker who can't stay out of the headlines
......
Bank of England: Who will be the next governor?
... Shriti Vadera Shriti Vadera is the chairman of Santander Uk Lady Vadera was born in Uganda and moved to the UK as a teenager...
Bank of mum and dad 'one of UK's biggest mortgage lenders'
... Santander Uk £28...
Bank of mum and dad 'one of UK's biggest mortgage lenders'
Parents spend so much money to get their children onto the housing ladder that they are now among the biggest lenders in the UK, a survey suggests.
The average parental contribution for homebuyers this year is £24,100, up by More Than £6,000 compared to Last year, according to Legal & General (L& G).
Collectively parents have given £6. 3bn, high enough to rank The Bank of mum and dad 10th if it was a mortgage lender.
Clydesdale Bank , the UK's 10th largest mortgage lender Lent £5bn Last year.
L& G said thousands of UK buyers were reliant on their parents to either get onto the housing ladder in the First Place , or upgrade to a larger home.
Almost a fifth of those who said they had, or would help A Family member buy a home, said it was because they felt it was their personal responsibility to help out.
But the Financial Services firm warned that parents' generosity could hurt their standard of living in retirement.
UK's biggest mortgage lenders in 20181. Lloyds Banking Group £42. 5bn
2. Nationwide £35. 7bn
3. Royal Bank of Scotland £30. 5bn
4. Santander Uk £28. 3bn
5. Barclays £23. 1bn
7. Coventry Building Society £9. 2bn
8. Yorkshire Building Society £8. 7bn
9. Virgin Money £6. 8bn
10. Clydesdale Bank £5bn
*Data from
L& G's research, based on a poll of 1,600 parents, found More Than half were using cash to help their children, but others were withdrawing money from their pensions or said they would consider using equity release from their homes.
Despite this, it found that More Than a quarter of those surveyed were not confident they had enough money to Last through their retirement.
Meanwhile, 15% said they had already accepted a lower standard of living due to helping out their children.
Chris Knight , chief executive of L& G's Retail Retirement division, said retirees had "a vast range of considerations" to take into account when deciding whether to help out, including "setting aside funds for any future care needs they may have".
"Many are using their pensions and savings to help out and unfortunately this could be leaving some facing a poorer retirement," he said.
personal finance, housing market, companies, banking
Source of news: bbc.com
