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🇬🇧Yes — Santander UK has launched a new mortgage scheme where you can buy a home with just a 2% deposit, meaning the bank can lend up to 98% of the property value (98% LTV). However, there are important conditions. 📌 Santander 2% Deposit Mortgage (UK) \t•\tThis product is mainly aimed at first-time buyers. \t•\tYou only need to put down a 2% deposit, and Santander may lend the remaining 98%. \t•\tThe interest rate is NOT 2% — it’s around 5.19% fixed for 5 years, with no product fee. \t•\tKey
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🇬🇧Yes — Santander UK has launched a new mortgage scheme where you can buy a home with just a 2% deposit, meaning the bank can lend up to 98% of the property value (98% LTV). However, there are important conditions. 📌 Santander 2% Deposit Mortgage (UK) \t•\tThis product is mainly aimed at first-time buyers. \t•\tYou only need to put down a 2% deposit, and Santander may lend the remaining 98%. \t•\tThe interest rate is NOT 2% — it’s around 5.19% fixed for 5 years, with no product fee. \t•\tKey
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