{"id":170488,"date":"2026-02-04T00:04:36","date_gmt":"2026-02-03T17:04:36","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/santander-launches-98-mortgage-for-first-time-buyers-with-strict-rules\/"},"modified":"2026-02-04T00:18:32","modified_gmt":"2026-02-03T17:18:32","slug":"santander-launches-98-mortgage-for-first-time-buyers-with-strict-rules","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/santander-launches-98-mortgage-for-first-time-buyers-with-strict-rules\/","title":{"rendered":"Santander launches 98% mortgage for first-time buyers \u2013 with strict rules"},"content":{"rendered":"


\nHigh street bank breaks traditional 95% limit, but experts say take-up will be limited by exclusions on flats and new buildsOne of Britain\u2019s biggest banks has launched a mortgage that lets first-time buyers borrow up to 98% of the property\u2019s value \u2013 but experts said the \u201cvery strict\u201d rules would exclude many people and property types.Santander said this was the first time for years that a major high street bank had gone beyond the traditional 95% borrowing limit, and some mortgage brokers called it a \u201cbold and significant\u201d move that would help more first-time buyers achieve their home ownership dreams. Continue reading…
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\nSource : theguardian.com
\nRead more…Santander launches 98% mortgage for first-time buyers \u2013 with strict rules<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

High street bank breaks traditional 95% limit, but experts say take-up will be limited by...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-170488","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-IlO","jetpack-related-posts":[{"id":149990,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/santander-eases-mortgage-rules-so-it-can-lend-up-to-35000-more\/","url_meta":{"origin":170488,"position":0},"title":"Santander eases mortgage rules so it can lend up to \u00a335,000 more","date":"March 28, 2025","format":false,"excerpt":"\r Bank cuts its stress testing rate for home buyers after FCA urged lenders not to be \u2018unduly restricting\u2019Business live \u2013 latest updatesOne of the UK\u2019s largest mortgage lenders has relaxed its rules and will offer some borrowers up to \u00a335,000 more to fund their home purchases.Santander said it had\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":94379,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-monster-mortgage-is-back-is-it-a-risk\/","url_meta":{"origin":170488,"position":1},"title":"The \u2018monster\u2019 mortgage is back \u2013 is it a risk?","date":"July 21, 2018","format":false,"excerpt":"\r A leading bank has begun offering first-time buyers loans of 5.5 times their income \u2013 and they only need a tiny depositAfter the financial crash struck in 2008, loans to first-time buyers were immediately slashed. There would be no more jumbo-sized mortgages of five times income or more. There\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149471,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/boost-for-uk-borrowers-as-santander-fires-starting-gun-on-mortgage-price-war\/","url_meta":{"origin":170488,"position":2},"title":"Boost for UK borrowers as Santander \u2018fires starting gun\u2019 on mortgage price war","date":"February 12, 2025","format":false,"excerpt":"\r Bank to offer first two-year deal under 4% with rivals likely to follow suitThe first sub-4% mortgages for months are going on sale, handing a much-needed boost to first-time buyers and those worried about refinancing their home loan.Santander on Thursday will start offering fixed rate deals at 3.99% lasting\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159055,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/santander-mortgage-cap-jumps-by-as-much-as-24-as-bank-eases-lending-rules\/","url_meta":{"origin":170488,"position":3},"title":"Santander mortgage cap jumps by as much as 24% as bank eases lending rules","date":"August 12, 2025","format":false,"excerpt":"\r Some higher-earning couples with smaller deposits could borrow extra \u00a3130,000 as a result of overnight changesSome couples applying for a Santander mortgage will see the maximum they can borrow increase by \u00a3130,000 overnight after the bank loosened its lending rules.Santander is the latest in a line of lenders to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":160930,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-lender-offers-98-mortgage-to-first-time-buyers-but-bars-bank-of-mum-and-dad\/","url_meta":{"origin":170488,"position":4},"title":"UK lender offers 98% mortgage to first-time buyers \u2013 but bars bank of mum and dad","date":"September 13, 2025","format":false,"excerpt":"\r Newcastle building society aims for those with smaller deposits and no help hoping to get on to housing ladderFirst-time buyers are being offered the chance to borrow up to 98% of the price of a property \u2013 but they cannot get help with their deposit from the bank of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":157299,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-england-rolls-out-looser-mortgage-rules-to-help-first-time-buyers\/","url_meta":{"origin":170488,"position":5},"title":"Bank of England rolls out looser mortgage rules to help first-time buyers","date":"July 9, 2025","format":false,"excerpt":"\r Move hopes to push lenders to offer more high loan-to-income mortgages and help 36,000 buyers on to housing ladderBusiness live \u2013 latest updatesThe Bank of England has rolled out looser mortgage rules that policymakers hope will help 36,000 more first-time buyers on to the housing ladder each year.New guidelines\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/170488"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=170488"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/170488\/revisions"}],"predecessor-version":[{"id":170489,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/170488\/revisions\/170489"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=170488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=170488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=170488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}