Santander Deferred Payment Scheme
Deferred HP Finance – Pay £0 for 3 months
Cars up 9 years old at the end of the agreement
(Excluding the 3 months deferred period)
Maximum age of car at the start of the agreement must not exceed 5 years
This product is NOT available on Commercial vehicles, Private Hire & Taxis
Minimum amount financed
Private individuals, Regulated agreements only
- The minimum age of applicant is 18 years.
- Applicants must be in paid employment.
- Customers with severe adverse will be declined i.e. bankruptcies or insolvencies, CCJs, large defaults or severe mortgage adverse.
- Customers must be traced at their address, i.e. on voters roll or significant payment profiles seen at credit bureau.
Product Eligibility – Conditional Sale and Personal Loan
- The maximum period will be 48 months.
- Conditional Sale product only (Excludes PCP & Lease Purchase)
- The maximum vehicle age at end (age plus term) is 9 years (excluding the 3 months deferred period)
- Minimum period is 24 months.
- No customer fees
- Maximum Loan to Value 90% of CAP retail
- The deferred period of 3 months starts from the date Santander Consumer Finance fund the proposal.
Santander Online proposal system
- When producing a customer quote, please enter the following months………
For 24 months – Enter 27 months
For 36 months – Enter 39 months
For 48 months – Enter 51 months