UK
Updated: July 31, 2026
First-Time Buyer Mortgage Basics in the UK (2026)
Quick Answer (2026 Summary)
Aim for at least a 10% deposit (90% LTV) to access competitive UK mortgage rates. Lifetime ISAs (LISA) offer a 25% government bonus on savings up to £4,000/yr.
Loan-to-Value (LTV) & Deposit Strategy
Saving a 10% to 15% deposit unlocks significantly lower mortgage interest rates.
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