However while Abbey for Intermediaries will be no more, the Abbey brand will continue to be used with its mortgage range. Santander says this ”reflects its strong heritage in the intermediary mortgage market”.
Santander says the move is a sign of it looking to work even more closely with intermediaries and Santander for Intermediaries will become Santander’s core intermediary brand.
It will offer Abbey mortgages, Cater Allen Private Bank banking and cash management products, and Santander general insurance, as well as the recently launched intermediary referral platform for Santander current accounts.
Santander for Intermediaries managing director Miguel Sard says: ”Santander has been a consistent supporter of the intermediary market and by bringing all our intermediary product brands together under Santander for Intermediaries, we believe we can work even more closely with our intermediary partners to write quality business and meet customers’ needs.”