View here for Santander’s latest announcements. Please remember that you can access Santander products, including semi-exclusive mortgages, through our direct to lender mortgage club which pays on completion. Contact us for more information. Visit Santander for Intermediaries website
Santander is increasing tracker pay rates
On Tuesday 16 May, the pay rates on all our new business and product transfer tracker rates are increasing by 0.25% to reflect the recent Bank of England base rate increase from 4.25% to 4.50%.
The rates and fees on our fixed rate products are not changing.
No action is required for pipeline case.
For existing Santander and Alliance & Leicester customers who are on a base rate tracker mortgage, their rate will increase by 0.25% from the beginning of June.
Further information
Full details of our new business mortgage range can be found in Rate Bulletin (issue 11). You’ll find this on our website from Tuesday 16 May.