Summary
90% & 95% Mortgages - Let Us Find Your Perfect Deal
Low deposit? 90% and 95% mortgages can help you buy with a 10% or 5% deposit. We compare suitable high-LTV options, explain costs and criteria in plain English, and map clear next steps. Ideal for first-time buyers and movers across the UK. CeMAP-qualified, FCA-regulated advisers. Rated 5★ with 2,500+ Trustpilot reviews and 5/5 on Google.
What you’ll get (quick overview)
Speed & ease: quick eligibility check for 90% and 95% mortgages.
Deposit clarity: 5% or 10% deposit routes explained, including gifted deposits (policy varies by lender).
Affordability made simple: income multiples, outgoings and credit conduct set out in plain English.
LTV explained: loan-to-value = your mortgage as a % of the property price.
New-build guidance: developer incentives and scheme rules reviewed (criteria vary).
Low-deposit options: family-boost/springboard and Shared Ownership considered where suitable.
Proof-ready: Agreement in Principle available quickly if needed for viewings and offers.
When to speak to an adviser
- Your deposit is 5–10% and you want to maximise borrowing safely.
- You’re using a gifted deposit or combining savings with a family-assist option.
- You’re buying new build, using a scheme, or have a small credit blip.
- Income is variable (overtime, bonus, self-employed or contract).
- You were declined elsewhere or offered less than expected.
Trust & transparency
CeMAP-qualified advisers. FCA-regulated. UK-wide support. Rated 5★ with 2,500+ Trustpilot reviews and 5/5 on Google.
Your home may be repossessed if you do not keep up repayments on your mortgage.
90% & 95% Mortgages Are Back
What is a 90% mortgage?
It’s a mortgage for 90% of the value of a home. So if you’re purchasing a property, you would need a 10% deposit, then the 90% remaining is paid for via the mortgage.
52% of Home Purchases are First Time Buyers Deposit Struggling with your deposit? Talk to a broker and understand your affordabilityCan I Buy a Home With Just a 5% Deposit?
Yes, 95% mortgage deals are available. They have made a recovery recently because of the government’s mortgage guarantee scheme.
This has helped bring more 90% mortgages back to the market too, which is great news for buyers.
Will 90% Deals Get Cheaper?
Ït’s a difficult question to answer because interest rates fluctuate. The annual interest rate is set by the lender and they can change them as they choose. The good thing is that, because most lenders are now offering 90% loan-to-value mortgages, interest rates should remain competitive.
What Are the Best 90% Fixed-Rate Deals Available?
Remember that rates do change regularly, but the 90% loan-to-value mortgages have rates as low as 5.09% at the moment. Bear in mind that a very low interest rate can often mean you will pay lending fees on top.
FAQ’s About 90 & 95% LTV Mortgages
Interest rates for 90% mortgages tend to be lower than for 95% mortgages. Lenders view 95% mortgages as higher risk, which affects interest rates.
Yes, with high LTV mortgages, there’s a risk of negative equity if property values decline, as it means owing more on the mortgage than the property is worth.
A mortgage broker can compare products from various lenders and find the most suitable deal based on your circumstances and the ever-changing rates.
A 90% mortgage means you can borrow 90% of the property value, requiring a 10% deposit. It’s commonly used by first-time buyers to make home ownership more accessible.
95% mortgages are often chosen by first-time buyers or those who cannot save a larger deposit. These mortgages allow buyers to purchase a home with just a 5% deposit.
Is that the Same For 95% Loan-to-Value Mortgages?
Yes, although 95% loan-to-values are not fully on the market yet. But we are expecting those rates to be about 3.99%. That’s a little higher than 90% loan-to-value but competitive.
Yes, remortgaging is possible, but options might be limited if the LTV remains high. As equity in the property increases, better rates can become available.
Yes, it’s possible to use a gifted deposit, though eligibility will depend on credit history and specific lender criteria.
You’ll generally need proof of income, bank statements, and identification documents. Self-employed applicants might need additional financial statements.
If you have a fixed-rate mortgage, payments remain the same until the fixed period ends. With variable rates, monthly payments would likely increase if interest rates rise.
A larger deposit often leads to lower interest rates and more mortgage options, as lenders consider these loans less risky.
Is it Worth Saving More to Get a Lower Interest Rate?
Ÿes, if you’re able to do so. The lower the loan-to-value and the higher your deposit, the better interest rate you’re likely to get. For every extra 5% more deposit you can save, you’ll reach the next ‘band’ of interest rates, which will be lower.
Which Lenders Are Offering 90% Mortgages?
There are lots of lenders offering 90% loan-to-value: HSBC, Halifax, Nationwide, NatWest, TSB… all the high street lenders you would expect. There are also other lenders like Virgin. Most high street lenders and some others will be offering 95% mortgages too.
One of the biggest difficulties for First Time Buyers is raising the deposit. So being able to buy a house with a low deposit gives them a realistic chance to buy rather than rent. The 90% loan-to-value mortgage is not just for First Time Buyers, it’s also for people moving home. So if you wanted to move to a property that’s more expensive than your current home, you might only have a 10% deposit – so you will benefit from buying with a higher loan-to-value.
What Are the Advantages and Disadvantages of a Low Deposit Mortgage?
How Can a Mortgage Broker Help?
Every lender has different criteria, and these can change often along with interest rates. So the best way to get the most valuable deal is to compare products across lots of lenders, looking at rates and fees.
When you’re trying to work out the most suitable option, it really helps to get a professional to advise you. If you go directly to a bank, they can give you information – but only for their own products. Only Mortgage Brokers can explore a wide range of lenders and platforms.
Speak with an advisor today!
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Is it Normal to Find Mortgages Confusing?
Getting a mortgage, whatever your circumstances, can be very daunting. There’s so much to it – different types of products, loan-to-value, interest rates… and you might have other complications: you’re a First Time Buyer, you want Help to Buy, or you have poor credit for example.
A high street lender might turn you away for some reason – and you might think that it’s the end of your dreams to buy a home. But that’s not necessarily the case. Get in touch with a specialist because other products and lenders might fit your needs. We’ll explore all of the options and do our best to help you buy a home.
Please Note – The Help To Buy scheme ended on the 31st October 2022
Yes, first-time buyers are eligible, provided they meet lender criteria regarding credit, affordability, and the ability to provide a 10% deposit.
Yes, typically, buy-to-let mortgages require a larger deposit, and 90% LTV options are not generally available for these property types.
The LTV ratio impacts your interest rate; lower LTVs generally qualify for more competitive rates because they are considered lower risk by lenders.
The approval process can vary, often taking a few weeks. It involves credit checks, income verification, and sometimes an independent property valuation.
Disadvantages include higher interest rates and increased risk of negative equity. Additionally, fewer mortgage options are available compared to lower LTVs.