Santander cuts some rates by 25bps and raises others (4 November 2026)

Created Nov 4, 2026 • AI-generated summary

Santander announced (reported 4 November 2026, Mortgage Strategy) a repricing of its mortgage ranges, cutting some rates by up to 25bps and raising others by up to 13bps, effective Thursday 5 November 2026. Largest cuts are on product transfer trackers (two-year 85% LTV £999-fee deal 4.81% to 4.56%; 90% LTV equivalent 5.14% to 4.89%; two-year large-loan home mover tracker 60% LTV £1,999 fee 4.34% to 4.10%). Biggest rises: one-year fixed product transfers at 80% and 85% LTV with £499 fee, both 5.11% to 5.24%; three-year 60% LTV £999-fee home mover fix 4.94% to 5.05%; three-year fixed FTB product 5.04% to 5.13%. Membership limited to coverage of this specific Santander repricing; other Santander developments are distinct stories.