Press releases

Santander UK has today announced it has reduced its residential affordability rates, following the Bank of England’s base rate cut in February.

Santander has announced the launch of three monthly prize draws for new and existing customers who invest in a Stocks and Shares ISA through the Santander Investment Hub between 18 February and 31 May 2025. The three prize draws will give customers an opportunity to win 150 prizes, with a total prize pool of £30,000.   

Santander is warning loved-up Brits to stay vigilant this Valentine’s Day, following new data from the bank showing that nearly £8 million was handed to romance scammers in 2024.

Santander UK has announced it will become the first high-street mortgage lender to offer a sub-4% mortgage in 2025.

Santander UK has reported it saw a 130% increase in mortgage applications in Q4 2024 compared to Q4 2023, as buyers rush to secure a property purchase during the Government’s stamp duty holiday.

Santander UK has today announced changes to its mortgage and base rate linked savings products following the Monetary Policy Committee’s decision to decrease the Bank of England base rate by 0.25 percentage points to 4.50%.

As demands on housing stock continues to grow, more home buyers are setting their sights on new towns. The latest research among mortgage brokers from Santander has uncovered that over 80% of mortgage brokers are seeing an uplift in client interest in new town developments. 

Santander for Intermediaries has today unveiled three new broker pledges for 2025, as it aims to address some of the most common challenges experienced by intermediaries in the market.

Santander has announced that it will be ending its £150 switcher offer on Wednesday 5 February 2025, with switch requests accepted until 23:59 on 5 February.

Santander UK today announces that William Vereker, Board Chair, has indicated his intention to step down from the Santander UK plc and Santander UK Group Holdings plc Boards (the "Boards") during the course of 2025, once a thorough appointment process and orderly handover have been completed.

Workers will make three longstanding and genuine friendships during their career, new research¹ from Santander UK has found, with more than a third (37 per cent) relying on these work friends to help them overcome personal and professional challenges. 

Santander UK announces a new initiative as part of its five-year partnership with UK National Parks to support the restoration of nature across some of the country’s most-loved landscapes.

Santander has agreed a large multimillion-pound loan with the real estate investment firm, London and Regional Hotels, for the refinancing and refurbishment of the London Marriott Hotel Marble Arch.

New research from Santander UK reveals that young adults are leaving school without a formal financial education, raising concerns about the nation’s financial literacy. 

With many choosing to ditch alcohol this January, Santander’s data shows how putting some - or all - of the money usually spent on booze each month towards mortgage overpayments could save homeowners thousands over the life of their mortgage.

Santander UK has warned people and businesses to be extra vigilant against fraud over the festive period, as the bank’s data shows customers reported nearly £2 million (£1,999,444.34) reported as lost to Authorised Push Payment (APP) scams between 25 December 2023 and 1 January 2024.

Santander has joined forces with Xynteo and other leading businesses across the built environment to deliver the UK’s first zero-carbon and holistically sustainable buildings.

Santander UK has today made reductions to selected fixed rates across its residential purchase and remortgage range by up to 0.23%. In addition, the lender has introduced cashback of £250 on all residential mortgages at 85% LTV and above.  

Advanced Alloy Services, South Yorkshire based supplier of high purity metals, revert and toll-process for the manufacture of high temperature superalloys, has received a total of £20m funding package from Santander Corporate and Commercial Banking.

Santander UK has launched the Santander Personal Pension, a Self-Invested Personal Pension (SIPP), designed to give customers more control over their pension as they save for retirement, with an advice service to follow in 2025.