Santander 2 year tracker rate
- Monthly payment
- Where this comes fromMethodThe repayment on £323,995 at 4.95% over 30 years, shown to the pound.SourceSantander mortgage rates (the lender’s own page)ObservedLicencePublished by SantanderAs capturedInitial rate 4.95% (tracker, 2 years)As Santander publishes it for buying a home at up to 90% loan to value; check it with Santander before you apply.
- Initial rate
- Where this comes fromSourceSantander mortgage rates (the lender’s own page)ObservedLicencePublished by SantanderAs captured4.95% tracker for 2 yearsAs Santander publishes it for buying a home at up to 90% loan to value; check it with Santander before you apply.
- APRC
- Where this comes fromMethodThe annual percentage rate of charge for this loan and term (FCA MCOB 10A), with the stated fees paid at completion and the variable rate assumed after the deal. Santander’s own APRC for its example is 6.40%.SourceSantander mortgage rates (the lender’s own page)ObservedLicencePublished by SantanderAs capturedInitial rate 4.95% (tracker, 2 years); then 6.5%, the lender’s variable rate today; Arrangement fee £0; Valuation fee £0; Booking fee: not stated; CHAPS fee: not stated; Cashback: not statedAs Santander publishes it for buying a home at up to 90% loan to value; check it with Santander before you apply.
- Cost over 2 years
- Where this comes fromMethod24 monthly payments, plus the stated fees, less any cashback: what the initial period costs in all.SourceSantander mortgage rates (the lender’s own page)ObservedLicencePublished by SantanderAs capturedInitial rate 4.95% (tracker, 2 years); then 6.5%, the lender’s variable rate today; Arrangement fee £0; Valuation fee £0; Booking fee: not stated; CHAPS fee: not stated; Cashback: not statedAs Santander publishes it for buying a home at up to 90% loan to value; check it with Santander before you apply.
- Rate after the deal ends
- Where this comes fromSourceSantander mortgage rates (the lender’s own page)ObservedLicencePublished by SantanderAs captured6.50%, the lender’s variable rate todayAs Santander publishes it for buying a home at up to 90% loan to value; check it with Santander before you apply.
- Monthly payment after the deal
- Where this comes fromMethodWhat is still owed after 2 years, repaid over the rest of the term at the lender’s variable rate today (6.50%); that rate can change.SourceSantander mortgage rates (the lender’s own page)ObservedLicencePublished by SantanderAs capturedInitial rate 4.95% (tracker, 2 years); then 6.5%, the lender’s variable rate todayAs Santander publishes it for buying a home at up to 90% loan to value; check it with Santander before you apply.
- Fees
- Where this comes fromMethodThe fees the lender states, added; its page does not state: booking fee, chaps fee.SourceSantander mortgage rates (the lender’s own page)ObservedLicencePublished by SantanderAs capturedArrangement fee £0; Valuation fee £0; Booking fee: not stated; CHAPS fee: not stated; Cashback: not statedAs Santander publishes it for buying a home at up to 90% loan to value; check it with Santander before you apply.Arrangement fee £0 · Valuation fee £0
- Early repayment charges
- Where this comes fromSourceSantander mortgage rates (the lender’s own page)ObservedLicencePublished by SantanderAs capturedNone: repay early or switch without a chargeAs Santander publishes it for buying a home at up to 90% loan to value; check it with Santander before you apply.
- Overpayments
- Not available: not on the rates page
- Product name
- 2 year tracker rateVF97V
For your case: A repayment mortgage of £323,995 over 30 years, APRC 6.41%. Total amount payable over the full term £724,358, including fees of £0 (the fees the lender states). Repayments: 24 months of £1,729 at 4.95% (tracker), then 336 months of £2,032 at 6.50% (variable). Rates as Santander published them on 12 Nov 2026; they are not guaranteed and may have changed by the time you apply.
