First home, faster with My First Mortgage from Santander

Caz Blake-Symes • February 9, 2026

Image courtesy of Freepix

On 3 February, Santander are the first large lender to launch a First-time Buyer Mortgage over 95% LTV. It’s called My First Mortgage and is up to 98% LTV. Supporting FTBs is a key focus for us whilst lending responsibly.

With a deposit from just £10,000, your clients’ homeownership dreams could be around the corner. Plus, we accept gifted deposits from friends and family.


Key criteria

•           FTB only, including joint mortgages.

•           Maximum 98% LTV.

•           Minimum deposit £10,000.

•           Maximum loan £500,000.

•           Maximum term 40 years.

•           Repayment only.

•           5-year fixed rate. ERCs apply.

•           Gifted deposits accepted.

•           No flats, new build or properties in Northern Ireland.

Santander isn’t currently able to consider self-employed applicants or Shared Ownership schemes, as the maximum LTV is 90% for those applicants or property types.


Further product information

•           5.19% 5 year fixed rate

•           Up to 98% LTV

•           £0 product fee

•           Free standard valuation and £250 cashback to help with upfront costs


What to do next?

This mortgage may not be suitable for all First-time Buyers. Phil will explore a wider selection of mortgage and protection providers to ensure that he finds the right product to suit your specific needs. Phil Clark will be delighted to discuss your personal situation and requirements and can quote you on a choice of suitable options.



How to Contact Us for Advice

Phil Clark will personally deal with your enquiry

Tel 0117 325 1511

Email info@swmortgages.com

Complete a form via our website www.bristolmortgagesonline.com


Your home/property may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.

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