BME:SANBanks
Is Santander’s Focus on Large Mortgages Reframing Its UK Strategy for Banco Santander (BME:SAN)?
In early December 2025, Santander joined more than 20 UK lenders in trimming mortgage rates ahead of an anticipated Bank Rate cut, including a 3.51% deal for home movers on loans between £500,000 and £2,000,000.
The decision to offer sharper pricing only on larger mortgages highlights Santander’s focus on higher-value, lower-unit-cost lending as competition intensifies in the UK housing market.
We’ll now examine how Santander’s selective mortgage rate cuts fit into its wider investment...