Best Cashback Offer
Major UK bank offering competitive fixed and tracker mortgages. Cashback options on some products. Extensive branch network and online management.
Santander is a large mainstream lender with a broad product range across purchase and remortgage, and a reasonable appetite for cases that are not perfectly standard.
Its position in the market is volume rather than specialism, which generally means competitive pricing in the mid-range LTV bands and a process built to handle throughput.
Who it suits. Mainstream borrowers, including first-time buyers, who want a large lender with a wide product set and established broker relationships.
Worth knowing. Santander's follow-on rate at the end of a deal period is, like every lender's, considerably worse than its new-customer pricing. Diarise the end of your fixed term six months ahead and start looking then.