Exhibit 7.1

Santander UK plc

Computation of Ratio of Earnings to Fixed Charges

(i) Excluding interest on retail deposits



|                                            |  |                        |       |  |        |  |       |        |  |  |        |  |  |        |       |  |  |  |       | 
|------------------------------------------- |  | ---------------------- | ----- |  | ------ |  | ----- | ------ |  |  | ------ |  |  | ------ | ----- |  |  |  | ----- | 
|                                            |  | Year ended December 31 |      
|                                            |  | 2015£m                 |       |  | 2014£m |  |       | 2013£m |  |  | 2012£m |  |  | 2011£m |      
|                                            |  |                        |       |  |       
|Profit on continuing operations before tax  |  |                        | 1,345 |  |        |  | 1,399 |        |  |  | 1,109  |  |  |        | 1,152 |  |  |  | 1,282 | 
|                                            |  |                        |       |  |       
|Fixed charges: interest expense (B)(1)      |  |                        | 1,141 |  |        |  | 1,291 |        |  |  | 1,549  |  |  |        | 1,774 |  |  |  | 1,067 | 
|                                            |  |                        |       |  |        |  |       |        |  |  |        |  |  |        |       |  |  |  |       | 
|Earnings before taxes and fixed charges (A) |  |                        | 2,486 |  |        |  | 2,690 |        |  |  | 2,658  |  |  |        | 2,926 |  |  |  | 2,349 | 
|                                            |  |                        |       |  |        |  |       |        |  |  |        |  |  |        |       |  |  |  |       | 
|                                            |  |                        |       |  |       
|Ratio of earnings to fixed charges (A/B)    |  |                        | 218   |  |        |  | 208   |        |  |  | 172    |  |  |        | 165   |  |  |  | 220   | 

(ii) Including interest on retail deposits



|                                            |  |                        |       |  |        |  |       |        |  |  |        |  |  |        |       |  |  |  |       | 
|------------------------------------------- |  | ---------------------- | ----- |  | ------ |  | ----- | ------ |  |  | ------ |  |  | ------ | ----- |  |  |  | ----- | 
|                                            |  | Year ended December 31 |      
|                                            |  | 2015£m                 |       |  | 2014£m |  |       | 2013£m |  |  | 2012£m |  |  | 2011£m |      
|                                            |  |                        |       |  |       
|Profit on continuing operations before tax  |  |                        | 1,345 |  |        |  | 1,399 |        |  |  | 1,109  |  |  |        | 1,152 |  |  |  | 1,282 | 
|                                            |  |                        |       |  |       
|Fixed charges: interest expense (B)(1)      |  |                        | 3,120 |  |        |  | 3,363 |        |  |  | 4,207  |  |  |        | 4,698 |  |  |  | 3,778 | 
|                                            |  |                        |       |  |        |  |       |        |  |  |        |  |  |        |       |  |  |  |       | 
|Earnings before taxes and fixed charges (A) |  |                        | 4,465 |  |        |  | 4,762 |        |  |  | 5,316  |  |  |        | 5,850 |  |  |  | 5,060 | 
|                                            |  |                        |       |  |        |  |       |        |  |  |        |  |  |        |       |  |  |  |       | 
|                                            |  |                        |       |  |       
|Ratio of earnings to fixed charges (A/B)    |  |                        | 143   |  |        |  | 142   |        |  |  | 126    |  |  |        | 125   |  |  |  | 134   | 

Note:



|(1) | Includes the amortisation of discounts and premiums on debt securities in issue.
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