Santander UK

March 01, 2010 12:41 ET

Have Your Mortgage Paid for a Year With Santander

BRADFORD, UNITED KINGDOM--(Marketwire - March 1, 2010) - Santander Home Insurance UK is offering homeowners the chance to have their mortgages paid for them for a whole year.

Customers either applying for, or holding an existing mortgage with Santander, will be entered into a prize draw to have their mortgage repayments paid for 12 months when they request to a full Santander home insurance quote.

Miguel Sard, Director, Santander Insurance UK said: "This is a great opportunity for someone to be mortgage free for a year, at the cost of a simple enquiry into how best to get comprehensive cover for your home. In the current climate, offers like this are few and far between and we would encourage homeowners to make the most of the chance of this opportunity".

Santander home insurance has been awarded a 5 star rating from independent financial researchers Defaqto for the sixth year in a row for its 'Peace of Mind' insurance product. Santander's home insurance product is one of only two providers to have ever achieved this honour.

Key features of the 'Peace of Mind' product include

  • Unlimited total sum insured for Buildings and Contents (up to 5 bedrooms) cover
  • Unlimited sum insured cover for the cost of temporary accommodation
  • No extra charge for paying monthly premiums by Direct Debit
  • 24 hour emergency help line
  • Cover for the loss of downloaded information and music

For more information on insurance from Santander telephone 0800 670 680 or visit your local Santander or Alliance & Leicester branch.

The information contained in our press releases is intended solely for journalists and should not be used by consumers to make financial decisions.

Notes to Editors

1. The competition runs until 7 March, 2010 and are subject to a maximum monthly mortgage repayment of Pounds Sterling 1000.

About Us

Banco Santander (SAN.MC, STD.N, BNC.LN) is a retail and commercial bank, based in Spain, with presence in 10 main markets. At the end of 2008, Santander was the largest bank in the euro zone by market capitalization and third in the world by profit.

In the UK, Santander operates two retail businesses – Santander, which was formed out of the Abbey and Bradford & Bingley retail network, and Alliance & Leicester. Together they have over 1300 branches, around 4,500 cash machines and they provide a full range of bank accounts, corporate banking services and savings products to 25 million customers.

Alliance & Leicester will become known as Santander by the end of 2010.

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