Looking for a new mortgage deal? See if you could save money by remortgaging to Santander. With us you could get a better interest rate, reduce your monthly payments and borrow more.
We’re an award-winning mortgage lender and we make switching easy. So start your remortgage journey with us today.
How do I get started?
Why remortgaging to Santander?
No product fee on some of our mortgages
We’ll pay your standard legal fees or give you £250 cashback paid to your conveyancer on completion (repayable if you pay off your mortgage within 2 years)
Free standard valuation on most of our mortgages
Make regular or one-off overpayments
Best Online Mortgage Lender 2025-2026
Helping customers brings out the best in us. That’s why we’ve won the Your Mortgage Best Online Mortgage Lender 2025–2026.
So, whether you’re moving, buying your first home or remortgaging, you’re onto a winner with us.
Step 1 - Online decision in principle
Get a no obligation decision in principle before you apply
Step 2 - Online mortgage application
Once you’ve got your online decision in principle, you can apply for your mortgage
By phone
0800 068 6064
Our mortgage team is here to help 9am to 6pm Monday to Friday and 9am to 2pm Saturday
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
Applications are subject to status and lending criteria. Applicants must be 18 or over. The amount we will lend depends on your circumstances, the amount borrowed and the property. A higher deposit may be required for a flat or new build.
Useful information about remortgaging
Remortgaging is the process of moving your mortgage from one lender to a new one. It doesn’t involve moving home. Instead, you use your new mortgage to pay off the old one. Usually, you’ll decide to remortgage if your current fixed or tracker rate is coming to an end. Benefits can include getting a lower interest rate, reducing monthly payments, and borrowing more using equity in your home. Once your remortgage is complete, you’ll start making payments to your new lender and your old ones will stop.
Remortgaging could be a little faster than getting your first mortgage, because your name is already on the deeds. But it could still take around 6 to 8 weeks depending on the conveyancer and lender you choose.
This is why it makes sense to start looking at remortgage options while your current deal still has several months to run.
Why remortgaging can help you
Remortgaging means you move from one lender to another while staying in the same home. There are a number of ways in which it may help you.
Reduce your mortgage payments
You may be able to reduce your monthly mortgage payments by taking out a new mortgage with us at a lower rate than your current one. Even a small change in the interest rate you pay could result in savings over time. Use our mortgage rates calculator to quickly and easily compare our rates.
Borrow more money
You can use the equity in your home to borrow more money for a number of things such as home improvements or a new car. Just remember, increasing the size of your mortgage will mean your monthly payments may go up. Try our calculator which will tell you how much you could borrow or get a decision in principle
Change in circumstances
You may want to change your mortgage for any number of reasons. Perhaps you’ve come into some money and you want to pay off some of your mortgage or you have an interest only mortgage which you want to change to a repayment mortgage.
The best time to start thinking about remortgaging is usually 3-6 months before your current fixed or tracker rate ends. This can help avoid slipping onto a higher standard variable rate and lets you lock in a new deal while avoiding early repayment charges (ERCs). Fixing your new rate early can protect you against future rate increases.
To remortgage, you will typically need proof of identity (passport/driving licence), proof of address (recent utility bill/council tax), last 3 months' bank statements, and last 3 months' payslips or 2–3 years' self-employed tax returns (SA302) plus supporting Tax Year Overviews. You'll need your latest P60, current mortgage statement and details of any debts or other financial commitments.
Yes, you generally need a solicitor or licensed conveyancer to remortgage if you’re switching to a different lender, as they must handle the legal transfer, pay off the old mortgage, and register the new one. Usually when you remortgage, lenders will offer to pay for your standard legal fees or give you some cashback to help with the costs.
If you’re thinking about remortgaging, make sure you think about what you want from your new mortgage. Remember also that moving your mortgage from your current provider may incur charges like an early repayment charge and exit fee.
Early repayment charge
If you’re tied into a deal with your current lender, you may need to pay an early repayment charge to get out of the deal early. It’s normally a percentage of your mortgage balance and you can find it in your mortgage offer or annual mortgage statement. If you can’t find it, speak to your current lender who will be able to help.
Product fee
Some of our mortgages don’t have a product fee. If you choose one that does, you can pay it upfront or add it to your mortgage. If you add it to your mortgage, you’ll pay interest on the product fee unless you pay it off within 21 days of your mortgage starting.
Valuation fee
Most of our mortgages have a free standard valuation to make sure the property is worth the amount you’re paying for it.
Legal/conveyancer fees
You need a solicitor/ licensed conveyancer to help with the legal aspects of remortgaging. For most of our mortgage deals we’ll pay your standard legal fees. You’ll have to pay them back if you pay off your mortgage within 2 years.
Account fee
This is charged by us for providing and administering your mortgage. You can pay it when your mortgage completes or the end of your mortgage, either way you’ll pay the same amount.
Yes, you can remortgage to release equity, the cash value built up in your home. This can provide money for things like home improvements or helping family members. It works by replacing your current mortgage with a new, larger loan and will increase your mortgage debt. See our mortgage calculator for how much you could borrow and what it might cost you. Or you may be able to stay with your current lender and take out an additional loan secured against your property. This isn’t the same as equity release where the loan is usually set up as a lifetime mortgage and only needs to be repaid when the last borrower dies or moves into long-term care. We don't currently offer this type of mortgage.
Choose a remortgage deal that suits your plans, whether you want a fixed monthly payment or a rate that tracks the Bank of England base rate.
| Fixed rate | Tracker rate |
|---|---|
Best for: For people who want to know how much they need to repay for the next few years. You can fix your deal for 2, 3, 5 or 10 years. During this fixed period your monthly payments will stay the same. After your fixed period ends, you’ll move onto the Santander Standard Variable Rate. If you want to finish your deal early, you may have to pay an early repayment charge. | Best for: For people who think interest rates might change in the next few years or want to make unlimited overpayments. You can choose a mortgage with an initial rate period and during this period your rate tracks above the Bank of England base rate. With this type of mortgage your payments may vary. The initial rate period is usually 2 years and after that you move onto the Santander Standard Variable Rate. |
Repayment mortgage
Your monthly payment covers both the amount you’ve borrowed and interest. So as long as you keep up your payments, your mortgage will be paid off at the end.
Interest only mortgage
Your monthly payment only pays off the interest. You’ll still need to repay the amount you borrowed at the end of your mortgage and will need a separate plan in place to do this (such as an investment or endowment). We may limit the amount allowed on interest only. See our interest only mortgages PDF (PDF - 56 KB) for what you need to know.
Combination
You can choose to pay part of your mortgage as repayment and the other part as interest only.