Tim Leonard
Adam French
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Current Santander Mortgage Rates
Whether you’re remortgaging, buying for the first time, or moving home, you can compare current Santander mortgage rates using our comparison tables below.
Find the right Santander mortgage deal for you by selecting whether you’re a first-time buyer, making a purchase to move home, or looking for Santander remortgage rates. Then select the loan-to-value (LTV) bracket you fall into, and ‘Update Results’.
To work out your loan-to-value, divide the amount you need to borrow by the value of the property you’re buying, and times the number you get by 100 – you don’t need exact figures, estimates are fine at this point.
Partner Spotlight
Santander Fixed-Rate Mortgages
Important Information:
The data in this mortgage product comparison service is provided by L&C Mortgages. Information is updated up to once daily from L&C’s whole of market mortgage database, however some products may only available directly with a lender. By selecting to Check If You Qualify you will introduced to L&C Mortgages and their qualified advisors. NerdWallet brings you this mortgage product comparison as a guide. Information does not constitute advice or recommendation. Rates should be considered with all fee’s and charges. Mortgage suitability is specific to your own personal and financial circumstances.
Partner Spotlight
Santander Tracker Mortgages
Important Information:
The data in this mortgage product comparison service is provided by L&C Mortgages. Information is updated up to once daily from L&C’s whole of market mortgage database, however some products may only available directly with a lender. By selecting to Check If You Qualify you will introduced to L&C Mortgages and their qualified advisors. NerdWallet brings you this mortgage product comparison as a guide. Information does not constitute advice or recommendation. Rates should be considered with all fee’s and charges. Mortgage suitability is specific to your own personal and financial circumstances.
Want to see how Santander mortgage rates compare?
Check current mortgage rates from other lenders.
How to get the best Santander mortgage rates
Getting the best Santander mortgage rate depends on several factors including your personal circumstances, your credit score, and the type of mortgage you want. The size of your deposit, or the amount of equity you have in your current home, is important too.
To give yourself the best chance of getting a good mortgage rate from Santander, some of the steps you could take include:
- Make sure your credit score is as good as it can be.
- Save as big a mortgage deposit as possible.
- Tighten up your spending to help pass affordability checks.
- Pay off existing debts to prove you’re trustworthy as a borrower.
Importantly, you’re looking for the lowest mortgage rate among the mortgages that suit you and your circumstances. The mortgage fees you may have to pay and the various mortgage features should be important considerations too.
If you want to discuss your options, NerdWallet has partnered with L&C, the UK’s leading fee-free mortgage broker, to offer you expert advice.
What types of mortgage rate does Santander offer?
Santander offers both fixed-rate mortgages and tracker mortgages.
With a Santander fixed-rate mortgage, your mortgage rate is guaranteed to stay the same for the period of time you’ve fixed, giving you certainty over your monthly repayments.
With a Santander tracker mortgage, your mortgage rate will rise and fall in line with movements in the Bank of England base rate of interest. This means your repayments could go down if interest rates fall, but will also go up if rates rise.
» MORE: Should I get a fixed or variable rate mortgage?
Who can get a Santander mortgage?
Santander mortgages are available to first-time buyers, home movers, and existing mortgage borrowers who need a new remortgage deal.
All mortgage lenders have particular eligibility requirements and affordability tests that any borrower must pass. You can check if you qualify for a Santander mortgage through our tables above.
Santander Mortgage Rate FAQs
Santander will constantly review its mortgage deals to make sure it is offering borrowers the best mortgage rates that it can. Sometimes this may mean Santander will lower its mortgage rates, other times they may rise.
Santander is one of a handful of lenders to be awarded the maximum five-star NerdWallet rating in our round up of the best mortgage lenders.
» MORE: Santander mortgage review
Any new Santander mortgage rates should automatically appear in our tables above.
Mortgage lenders regularly change the mortgage rates that they offer, so the lowest rate available can change from one day to the next. Keep a close eye on our mortgage rates page to see who is offering the best mortgage rate at any given time.
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