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Santander’s 98% Mortgage: Help for First-Time Buyers — or a Signal the Market Is Shifting?

Santander’s 98% Mortgage: Help for First-Time Buyers — or a Signal the Market Is Shifting?

London Property Digest, by Longrad

February 4, 20264m 36s

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Show Notes

In a bold move shaking up the UK housing market, Santander has unveiled a 98% loan-to-value mortgage tailored for first-time buyers, aiming to slash the daunting deposit hurdle. But with strict criteria—excluding flats, new builds, and properties in Northern Ireland—how accessible is this lifeline? Join us as we dissect the implications of this high-stakes offering and what it signals about the future of homeownership in Britain.