{"id":151366,"date":"2018-12-07T13:14:14","date_gmt":"2018-12-07T13:14:14","guid":{"rendered":"https:\/\/www.finder.com\/uk\/?p=151366"},"modified":"2024-07-12T13:23:59","modified_gmt":"2024-07-12T12:23:59","slug":"95-percent-mortgages","status":"publish","type":"post","link":"https:\/\/www.finder.com\/uk\/mortgages\/95-percent-mortgages","title":{"rendered":"95% mortgages: What you need to know"},"content":{"rendered":"

Most lenders prefer that you have a deposit that is at least 20% of the property\u2019s value. This means that you\u2019ll get a mortgage of a loan-to-value (LTV) ratio of 80%, which is the amount you can borrow as a percentage of the property value. For lenders, the larger the deposit you can pay up-front, the less risk you pose. For you, it usually ensures that you get the lowest interest rates and as a result have lower monthly repayments.<\/p>

However, many people in the UK struggle to save that much, especially first-time buyers. This is why more lenders now offer low deposit loans that come with an LTV as high as 95%.<\/p>

We've teamed up with L&C Mortgages to help you compare live rates from over 80 lenders.<\/p>\n

I want to...<\/div>\n
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<\/use><\/svg>Buy my first home<\/a><\/div>\n<\/article>\n<\/div>\n
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<\/use><\/svg>Move house<\/a><\/div>\n<\/article>\n<\/div>\n
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<\/use><\/svg>Remortgage & save<\/a><\/div>\n<\/article>\n<\/div>\n
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<\/use><\/svg>Buy to let<\/a><\/div>\n<\/article>\n<\/div>\n<\/div>\n
We compare brands including:<\/div>\n\n
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\n\"Post\n<\/div>\n<\/div>\n
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\n\"NatWest\n<\/div>\n<\/div>\n
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\n\"Halifax\n<\/div>\n<\/div>\n
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\n\"HSBC\n<\/div>\n<\/div>\n
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\n\"Barclays\n<\/div>\n<\/div>\n
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\n\"Molo\n<\/div>\n<\/div>\n
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\n\"Skipton\n<\/div>\n<\/div>\n
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\n\"TSB\n<\/div>\n<\/div>\n<\/div>\n\n
Think carefully before securing debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.<\/div><\/article>