Small deposit? We have several mortgage options for you
We have access to a wide range of products so why not let us find you the right deal?
95% Loan to Value Mortgages
We have access to thousands of products so why not let us find the right deal for you.
So what is a 95% loan to value (LTV) mortgage?
So a 95% LTV mortgage means you can borrow 95% of the market value of your intended property purchase, meaning you only need to put down a 5% deposit. This will suit people wanting to get onto the property ladder who have smaller deposits or live in areas where house prices are higher.
So how can I get a 95% LTV Mortgage?
We will do all the hard work for you.
Deposit unlock
What is Deposit Unlock?
Deposit Unlock is a new scheme to help buyers, both first time and home movers, to buy a new build home with only a 5% deposit.
There are a number of Housebuilders participating and a limited number of participating mortgage lenders (currently Newcastle Building Society, Accord and Nationwide).
The scheme is aimed at helping buyers to purchase a new build home with a small deposit as lenders can be reluctant to offer high loan to value mortgages on new build homes.
It “replaces” the Help to Buy scheme that came to an end in 2023, which allows first time buyers to purchase a new build home with a 5% deposit.
The benefit of Deposit Unlock is that it gives you access to additional 95% mortgages on
new build properties.
How does Deposit Unlock work?
Why not call one of our friendly team today to discuss your options 01442 860700.
Please Note:
The scheme is exclusively for the purchase of a new build home, with the maximum loan of £750,000 (subject to the lender and individual circumstances) and is not available for buy to let properties.
95% Loan to Value (LTV) Mortgages
For all home buyers
How does the scheme work?
95% Loan to Value (LTV) Mortgage Guarantee Scheme
This government-backed mortgage scheme has been launched to help home buyers with small deposits, of at least 5% of the purchase price, to make their move onto the housing ladder. This initiative is available to first time buyers and existing homeowners . It enables you to apply and secure a mortgage with only a 5% deposit on a property up to the maximum value of £600,000.
This guarantee scheme is available for both second hand properties and new build homes.
This scheme is for a repayment mortgage only. Second homes or buy-to-lets are not eligible for this scheme.
Saving for a deposit?
As with any type of mortgage, 95% mortgage lenders are looking to assess your affordability. That means they want to know not just about your income but also how you spend your money, so you should be prepared to share your bank statements and details of any debts and credit cards. However, if you have a good credit record and can prove to lenders that you’re able to afford your mortgage payments, both now and if interest rates rise in future, you have a good chance of being offered a competitive 95% mortgage deal.
How much can I borrow?
How much deposit do I need?
How much will it cost me each month?
How much will my stamp duty be?
You Could Borrow Up To
How much can I borrow?
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How much deposit do I need?
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BASED ON A MINIMUM 5% DEPOSIT.
How much will it cost me each month?
Please enter only numbers
Interest rate 2 %
How much will my Stamp Duty be?
Calculate Stamp Duty (SDLT) in England and Northern Ireland with our instant Stamp Duty calculator. If you are looking to buy in Wales please give us a call.