Mortgage Rates
Santander cuts mortgage rates across new purchase and remortgage
Santander has cut 10 tracked mortgage rate rows, led by Remortgage 60% LTV 2-year fixed moving from 4.96% to 4.83%.
Live Santander mortgage rate update
Santander has changed 10 tracked mortgage rate rows across new purchase and remortgage. The latest lender rate-card date for this update is 2026-04-24.
This live RateWatch update clusters the lender's movements into one article so the blog does not publish a separate post for every product, LTV or fee tier.
Key movements
15 cuts were detected in this lender update.
- Remortgage, Remortgage, 60% LTV: 2-year fixed: 4.96% to 4.83% (-13bps)
- Remortgage, Remortgage, 75% LTV: 2-year fixed: 5.03% to 4.91% (-12bps)
- Remortgage, Remortgage, 90% LTV: 2-year fixed: 5.65% to 5.55% (-10bps)
- Remortgage, Remortgage, 90% LTV: 2-year fixed: 5.99% to 5.89% (-10bps)
- Remortgage, Remortgage, 75% LTV: 2-year fixed: 5.33% to 5.25% (-8bps)
- New purchase, New Purchase, 75% LTV: 2-year fixed: 4.86% to 4.80% (-6bps)
- New purchase, New Purchase, 75% LTV: 2-year fixed: 5.12% to 5.06% (-6bps)
- New purchase, New Purchase, 75% LTV: 5-year fixed: 4.90% to 4.85% (-5bps)
- New purchase, New Purchase, 75% LTV: 5-year fixed: 5.03% to 4.98% (-5bps)
- New purchase, New Purchase, 85% LTV: 2-year fixed: 4.90% to 4.85% (-5bps)
Changes by borrower type
Remortgage
| Product | LTV | Fee tier | Arrangement fee | Movement |
|---|---|---|---|---|
| Remortgage | 60% | low_fee | £999 fee | 2-year fixed: 4.96% to 4.83% (-13bps) 5-year fixed: 4.83% to 4.80% (-3bps) |
| Remortgage | 60% | no_fee | £0 fee | 2-year fixed: 5.23% to 5.18% (-5bps) |
| Remortgage | 75% | low_fee | £999 fee | 2-year fixed: 5.03% to 4.91% (-12bps) |
| Remortgage | 75% | no_fee | £0 fee | 2-year fixed: 5.33% to 5.25% (-8bps) |
| Remortgage | 90% | low_fee | £999 fee | 2-year fixed: 5.65% to 5.55% (-10bps) |
| Remortgage | 90% | no_fee | £0 fee | 2-year fixed: 5.99% to 5.89% (-10bps) |
New purchase
| Product | LTV | Fee tier | Arrangement fee | Movement |
|---|---|---|---|---|
| New Purchase | 75% | low_fee | £999 fee | 2-year fixed: 4.86% to 4.80% (-6bps) 5-year fixed: 4.90% to 4.85% (-5bps) |
| New Purchase | 75% | no_fee | £0 fee | 2-year fixed: 5.12% to 5.06% (-6bps) 5-year fixed: 5.03% to 4.98% (-5bps) |
| New Purchase | 85% | low_fee | £999 fee | 2-year fixed: 4.90% to 4.85% (-5bps) 5-year fixed: 4.95% to 4.90% (-5bps) |
| New Purchase | 85% | no_fee | £0 fee | 2-year fixed: 5.20% to 5.15% (-5bps) 5-year fixed: 5.08% to 5.03% (-5bps) |
How the new rates compare
The comparisons below use currently tracked lender rows with the same borrower type, LTV and changed term where available.
Remortgage: 60% LTV 2-year fixed
- Halifax: 4.51% 2-year fixed, £999 fee (Remortgage, 60% LTV, updated 2026-03-15)
- Lloyds: 4.51% 2-year fixed, £999 fee (Remortgage, 60% LTV, updated 2026-03-15)
- Nationwide: 4.55% 2-year fixed, £999 fee (Remortgage, 60% LTV, updated 2026-04-24)
- Barclays: 4.66% 2-year fixed, £899 fee (Remortgage, 60% LTV, updated 2026-03-25)
- NatWest: 4.79% 2-year fixed, £995 fee (Remortgage, 60% LTV, updated 2026-04-30)
- HSBC: 4.79% 2-year fixed, £999 fee (Remortgage - Residential, 60% LTV, updated 2026-04-30)
- HSBC: 4.79% 2-year fixed, £999 fee (RemortgageRange (Not available to - Energy Efficient, 60% LTV, updated 2026-04-30)
Remortgage: 75% LTV 2-year fixed
- Halifax: 4.68% 2-year fixed, £999 fee (Remortgage, 75% LTV, updated 2026-03-15)
- Lloyds: 4.68% 2-year fixed, £999 fee (Remortgage, 75% LTV, updated 2026-03-15)
- Barclays: 4.68% 2-year fixed, £899 fee (Remortgage, 75% LTV, updated 2026-03-25)
- Nationwide: 4.70% 2-year fixed, £999 fee (Remortgage, 75% LTV, updated 2026-04-24)
- HSBC: 4.71% 2-year fixed, £999 fee (Remortgage BTL, 75% LTV, updated 2026-04-30)
- HSBC: 4.71% 2-year fixed, £999 fee (Remortgage BTL - Energy Efficient, 75% LTV, updated 2026-04-30)
- NatWest: 4.87% 2-year fixed, £995 fee (Remortgage, 75% LTV, updated 2026-04-30)
Remortgage: 90% LTV 2-year fixed
- Halifax: 5.18% 2-year fixed, £999 fee (Remortgage, 90% LTV, updated 2026-03-15)
- Lloyds: 5.18% 2-year fixed, £999 fee (Remortgage, 90% LTV, updated 2026-03-15)
- HSBC: 5.18% 2-year fixed, £999 fee (Remortgage - Residential, 90% LTV, updated 2026-04-30)
- HSBC: 5.18% 2-year fixed, £999 fee (RemortgageRange (Not available to - Energy Efficient, 90% LTV, updated 2026-04-30)
- Nationwide: 5.26% 2-year fixed, £999 fee (Remortgage, 90% LTV, updated 2026-04-24)
- NatWest: 5.42% 2-year fixed, £995 fee (Remortgage, 90% LTV, updated 2026-04-30)
- Santander: 5.55% 2-year fixed, £999 fee (Remortgage, 90% LTV, updated 2026-04-24)
What to check next
Borrowers and brokers should compare the headline rate against fees, LTV band, product type and eligibility before deciding whether a deal is genuinely cheaper. A lower rate with a higher fee can cost more over the initial deal period, especially on smaller loan sizes.
This is a factual lender-rate movement summary, not mortgage advice.
Frequently Asked Questions
What changed in this Santander mortgage rate update?
Santander changed 10 tracked mortgage rate rows across new purchase and remortgage. The exact old and new rates are shown in the update above.
Is this mortgage advice?
No. This is a factual rate-tracking update. Borrowers should check eligibility, fees and affordability, or speak to a regulated adviser.
Why compare against similar rates?
A rate movement only matters in context. Comparing the new rate with similar LTV, category and term data shows whether the lender is competitive after the change.
Why is there one post for the lender instead of one per rate?
RateWatch clusters all tracked changes from the same lender update into one article so readers get the full lender movement without duplicate short posts.