Santander has announced that from today, 5 November 2021, it will be reducing rates on its Unsecured Personal Loan for both new and existing customers. 
The new rate of 2.8% APR will apply on loans between £7,500 and £25,000 for 1|2|3 World and Santander Select customers. For all other customers it will apply to loans between £7,500 and £15,000. The previous rate was 3.0% APR. 

Santander is committed to the Standards of Lending Practice and will lend responsibly, working with customers to ensure that the product offered meets their needs and is affordable. If customers would like to talk to someone about managing their finances, or if they are having difficulty, we would encourage them to contact us on 0800 9 123 123 or visit us in branch.

The information contained in our press releases is intended solely for journalists and should not be used by consumers to make financial decisions.

Notes to Editors
Customers with either a 1|2|3 Current Account, 1|2|3 Lite Current Account, 1|2|3 Mini Current Account or 1|2|3 Student Current Account are part of 1|2|3 World. Santander Private customers also have access to 1|2|3 World offers. 
Applicants must hold an existing product relationship with Santander to be eligible to apply for loans above £20,000.
Rates are not guaranteed, and the rate offered may differ from the Representative APR.  All applications are subject to status and credit checks. 
A loan calculator can be found:  

Santander UK is a financial services provider in the UK that offers a wide range of personal and commercial financial products and services. At 31 June 2021, the bank had around 20,900 employees and serves around 14 million active customers, via a nationwide branch network, telephone, mobile and online banking. Santander UK is subject to the full supervision of the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) in the UK. Santander UK plc customers’ eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) in the UK.

Banco Santander (SAN SM, STD US, BNC LN) is a leading retail and commercial bank, founded in 1857 and headquartered in Spain. It has a meaningful presence in 10 core markets in the Europe, North America and South America regions, and is one of the largest banks in the world by market capitalization. Its purpose is to help people and businesses prosper in a simple, personal and fair way. Santander is building a more responsible bank and has made a number of commitments to support this objective, including raising over €120 billion in green financing between 2019 and 2025, as well as financially empowering more than 10 million people over the same period. At the end of the first half of 2021, Banco Santander had €1.1 trillion in total funds, 150 million customers, of which 24.2 million are loyal and 45.3 million are digital, 10,000 branches and 190,000 employees.