Santander 5% deposit First Time Buyer mortgage rates

2 year fixed rates

5.14% rate at 95 % loan to value with no arrangement fee. Free mortgage valuation.

5 year fixed rates

4.99% rate at 95% loan to value with no arrangement fee. Free mortgage valuation.

3 year fixed rates – available only to New Build properties

5.23% rate at 95% loan to value with no arrangement fee. Free mortgage valuation.

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£5,000 deposit mortgage for First Time Buyers

Accord launched the £5k deposit mortgage last year enabling first time buyers to purchase a property up to a maximum of £500,000 with just a £5,000 deposit. The property is available to houses and flats with the exception of new build flats.

The product is available on a repayment basis only and the maximum age at the end of the mortgage term is 70 years. The five year fixed rate has been reduced from 5.74% to 5.69%.

To discuss the Accord mortgage with a local mortgage broker please contact us.