All credit is subject to status. If you apply for a Santander loan, it will record a hard credit search on your credit file. This will remain on your credit report for 12 months.
You must have a regular yearly income of £20,000+ to apply for loans of £20,000 or more (loans below £20,000 require a regular yearly income of £10,500+). You must have a regular yearly income of £10,500+ for loans up to £19,999, or £20,000+ for loans between £20,000 and £25,000.
You must not have been declared bankrupt, had a CCJ or an IVA within the last 6 years.
Santander's loan terms and conditions apply and are displayed on Santander's website. You can use the Eligibility Checker on Santander's website to see your chance of being accepted for a loan before you apply. It will also give you a likely rate.
You must be aged 21 or over.
You must be employed, self-employed or retired.
You must be on the electoral roll and live permanently in the UK.