From 29 September Santander be launching new 95% LTV mortgages without the assistance of the Government’s Help to Buy: mortgage guarantee scheme.
The Government’s temporary scheme is due to finish in 2016. After almost two years of lending in the scheme they’re continuing to support first time buyers and clients with smaller deposits without the need for Government support.
Key information
Pipeline rules
All full mortgage applications over 90% LTV submitted by close of business on 28 September will proceed as a Help to Buy: mortgage guarantee case.
From 29 September all full mortgage applications over 90% LTV will be assessed as a standard Santander mortgage.