Personal Customers

On Thursday 2 August 2018 the Bank of England base rate increased from 0.50% to 0.75%.

Following this decision Santander will make the following changes:

Mortgages

Santander's Standard Variable Rate and the Alliance & Leicester Standard Variable Rate will increase by 0.25% to 4.99% from the beginning of September.
 
All tracker mortgage products linked to the base rate will increase by 0.25%. As a result Santander's Follow-on Rate will increase by 0.25% to 4.00% from 3 September.
 
If your mortgage is affected we'll write to you to confirm the change to your interest rate and how much your new monthly payments will be. You’ll receive this letter at least 5 days before your monthly payments change.
  
Find out more
 
Savings

All savings rates linked to the base rate will increase by 0.25% from the end of August, as shown in the table below.

Tracker Accounts Current rate New rate from 30 August
Good for Life ISA

£1+

0.50%

£1+

0.75%

Rate for Life

£1+

0.10%

£1+

0.10%

£1,000+

0.75%

£1,000+

1.00%

In addition, we will be making a number of increases to variable savings accounts, as shown in the table below.

Savings Accounts Current Rate New rate from 3 September
1|2|3 eSaver (Issue 15)

£1+

0.25%

£1+

0.50%

eSaver (Issue 15)

£1+

0.15%

£1+

0.40%

Everyday Saver

£1+

0.25%

£1+

0.35%

Flexible Saver for Kids

£1+

0.50%

£1+

0.75%

Treasurers Instant Saver

£1+

0.50%

£1+

0.60%

Charity Investment Account

£1+

0.50%

£1+

0.60%

 

ISAs Current Rate New rate from 3 September
1|2|3 Help to Buy ISA (Issue 3)

£1+

2.00%

£1+

2.25%

Help to Buy ISA (Issue 3)

£1+

1.50%

£1+

1.75%

1|2|3 Help to Buy ISA (Issue 2)

£1+

2.50%

£1+

2.75%

Help to Buy ISA (Issue 2)

£1+

2.00%

£1+

2.25%

Help to Buy ISA (Issue 1)

£1+

4.00%

£1+

4.25%

1|2|3 Junior ISA

£1+

3.00%

£1+

3.25%

Junior ISA

£1+

2.50%

£1+

2.75%

ISA Saver

£1+

0.25%

£1+

0.35%

£10,000+

0.50%

£10,000+

0.60%

Inheritance ISA

£1+

0.25%

£1+

0.35%

£10,000+

0.50%

£10,000+

0.60%

Easy ISA

£1+

0.10%

£1+

0.20%

£40,000+

0.50%

£40,000+

0.60%

Cash ISA (ex TOISA)

£10+

0.10%

£10+

0.20%

£9,000+

0.60%

£9,000+

0.60%

Business customers 
 
On Thursday 2 August 2018 the Bank of England base rate increased from 0.50% to 0.75%.

All loans and overdrafts to UK businesses linked to the base rate will move in line with the change and in accordance with the terms of the deal. 

In addition, we will be making a number of increases to variable savings accounts, as shown in the table below.

Business Savings Account Current Rate  New Rate from 3 September
Business Everyday Saver

0.30%

0.35%

Treasurer's Savings Account

0.50%

0.60%

Client Saver

0.15%

0.35%

Santander UK plc. Registered Office: 2 Triton Square, Regent's Place, London, NW1 3AN, United Kingdom. Registered Number 2294747. Registered in England and Wales. www.santander.co.uk. Telephone 0800 389 7000. Calls may be recorded or monitored. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our Financial Services Register number is 106054. You can check this on the Financial Services Register by visiting the FCA’s website www.fca.org.uk/register. Santander and the flame logo are registered trademarks.