Santander mortgages review, rates and comparison

Santander offers fixed and variable rate mortgages. Find out our analysis and what customers say about the brand.

Updated

Fact checked
compare Santander Mortgages
Customers say
★★★★★
Customer satisfaction
Customers cite good rates and generally good service
Doesn't do offset mortgages

Santander UK is a major financial services provider that offers a wide range of bank accounts and mortgages. It’s owned by the Spanish bank Banco Santander. The UK bank serves around 15 million customers. The company is regulated by the UK Prudential Regulation Authority and the Financial Conduct Authority.

Whether you’re a new customer or already have a mortgage with Santander, you can find new mortgage deals, borrow more or make changes to your existing mortgage. You can even find out how to take your mortgage with you if you move home.

Compare Santander mortgages

Data indicated here is updated regularly
Name Product Initial rate Revert rate (SVR) Maximum LTV Overall cost for comparison Apply link
Santander 02/10/2022 Fixed
Santander
1.29% fixed until 02/10/2022
3.35% (variable)
60%
2.9% APRC
Santander 02/10/2022 Fixed
Santander
1.29% fixed until 02/10/2022
3.35% (variable)
60%
2.9% APRC
Santander 02/10/2022 Fixed
Santander
1.34% fixed until 02/10/2022
3.35% (variable)
60%
3% APRC
Santander 02/10/2022 Fixed
Santander
1.34% fixed until 02/10/2022
3.35% (variable)
60%
3% APRC
Santander 02/10/2022 Fixed
Santander
1.39% fixed until 02/10/2022
3.35% (variable)
75%
3% APRC
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Data indicated here is updated regularly
Name Product Initial rate Revert rate (SVR) Maximum LTV Overall cost for comparison Apply link
Santander 2 years Variable
Santander
1.49% variable (Base Rate plus 1.39% for up to 40 Years)
3.35% (variable)
75%
3.1% APRC
Santander 2 years Variable
Santander
1.49% variable (Base Rate plus 1.39% for up to 40 Years)
3.35% (variable)
75%
3% APRC
Santander 2 years Variable
Santander
1.49% variable (Base Rate plus 1.39% for up to 40 Years)
3.35% (variable)
75%
3.1% APRC
Santander 2 years Variable
Santander
1.49% variable (Base Rate plus 1.39% for up to 40 Years)
3.35% (variable)
75%
3% APRC
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Santander’s buy-to-let mortgage rates

Data indicated here is updated regularly
Name Product Initial rate Revert rate (SVR) Maximum LTV Overall cost for comparison Link
Santander 02/10/2022 Fixed
Santander
1.39% fixed until 02/10/2022
3.35% (variable)
60%
0% APRC
Santander 02/10/2022 Fixed
Santander
1.49% fixed until 02/10/2022
3.35% (variable)
75%
0% APRC
Santander 02/10/2025 Fixed
Santander
1.79% fixed until 02/10/2025
3.35% (variable)
60%
0% APRC
Santander 02/10/2022 Fixed
Santander
1.85% fixed until 02/10/2022
3.35% (variable)
60%
0% APRC
Santander 02/10/2025 Fixed
Santander
1.99% fixed until 02/10/2025
3.35% (variable)
60%
0% APRC
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Overall representative example
If you borrow £170,000 over a 25-year term at 1.75% p.a. (fixed) for 62 months reverting to 4.74% p.a. (variable) for the remaining term, you would make 62 monthly payments of £700.04 and 238 monthly payments of £912.95. The total payable would be £261,424.58, which includes interest of £90,685 and a product fee of £495. The overall cost for comparison is 3.6% APRC representative.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

What types of mortgages can I get with Santander?

  • Fixed rate
  • Remortgages
  • Tracker
  • Buy to let
  • Shared ownership

Santander mortgages customer reviews

In our 2020 customer satisfaction awards, Santander got 4 out of 5 stars, with 79% of customers saying they would recommend the service.

Here is some of the feedback we got from Santander mortgage customers:
“Very helpful and good rates and easy to understand.”

“Have had a few problems with overpaying. They kept taking it as part of my normal payment.”

“Great rates and online system is ok when I can access it, although annoying to set up. Super helpful on the phone.”

“Helpful, gives me all the information and advice to get the right mortgage to suit my needs.”

“Great interest rates and easy to renew my mortgage with them.”

Online reviews for Santander mortgages (updated 30 April 2020):
On Smart Money People, Santander’s mortgage service has 3.7 out of 5 stars, based on more than 70 reviews.

On customer review platform Trustpilot, things are not so good. Santander as a bank has 1.5 out of 5 stars and a rating of Bad, based on more than 2,000 reviews.

While rates and products are mentioned, most of the reviews centre around the quality of the bank’s customer service, of which there are varying views. Some praise it for helping them out in tight situations, while many claim the opposite happened and they were treated unfairly.

Compare Santander using a mortgage broker.

You can compare deals yourself, but there are some benefits to using a mortgage broker to help you get the right deal. A broker can do the hard work and research for you and will be expert in comparing the hundreds of loans and lenders in the market based on your individual needs and eligibility. Your broker can also negotiate with your chosen lender on your behalf to make sure you are getting the right deal for you.

L&C Mortgage Advice

London and Country Mortgage Experts

L&C is a specialist broker offering mortgage comparison & free advice.

  • Compare over 80 mortgage lenders
  • Fee FREE mortgage advice
  • Personal customer service from start to finish
  • Open 7 days a week
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The finder.com mortgage service is provided by London & Country Mortgages (L&C). Beazer House, Lower Bristol Road, Bath BA2 3BA.
L&C are authorised and regulated by the Financial Conduct Authority (reg no. 143002). Please note the FCA does not regulate most Buy to Let mortgages.

Find a mortgage using a broker to compare the market

Mojo Mortgages

Mojo Mortgages

The Mojo mortgage calculator compares rates in less than 1 minute. A free online mortgage broker.
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L&C

The UK's largest fee-free mortgage broker & adviser. No hidden costs. L&C compares rates from over 80 lenders.
Simply Adverse | Bad Credit Mortgage Broker

Simply Adverse

Simply Adverse are a national mortgage broker specialising in sourcing mortgages for people with bad credit.

Mortgage ratings

★★★★★ — Excellent

★★★★★ — Good

★★★★★ — Average

★★★★★ — Subpar

★★★★★ — Poor

Our customer satisfaction scores (“Customers say”) are based on a survey of 750 customers carried out in December 2019.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.

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