Most of us dream of owning our own home, but saving for a deposit can be hard. That’s why we're making it easier by offering 95% mortgages to help both first time buyers and home movers.

What is Loan to Value (LTV)?

The LTV is the percentage of the property's value that’s covered by the mortgage.

For example, if you have a mortgage of £190,000 and your property is valued at £200,000, you have an LTV of 95%.

The 5% that isn’t covered by the mortgage is yours. And it’s usually called your equity.


House prices can go up and down. If property prices fall, there's a risk that the equity in your home could drop too. This could affect your future plans.

Features and benefits

  • Borrow up to 95% of the property value (LTV).

  • Borrow up to £500,000.

  • Fixed and tracker rate mortgage options.

  • Deals from 2 to 10 years, with and without product fees.

  • £500 cashback when you complete on your mortgage if you’re a first time buyer.

Only one £500 cashback will be paid per mortgage and is payable within one month of completion. If applying jointly, all applicants need to be first time buyers (we see first time buyers as customers who have not had a mortgage in the last 3 years).

If you want to buy a new build home

We only offer up to 85% LTV for new build houses, and up to 75% LTV for new build flats if you buy with us direct.

If you’re looking to buy a new build home, and need a 90-95% mortgage, you could still buy a new build home from participating home builders with the Deposit Unlock scheme.

For a mortgage using Deposit Unlock, you need to go through a broker.

To apply for a 95% mortgage

You need to:

  • be a UK resident
  • aged 18 or over
  • have a minimum deposit of 5%
  • be buying a pre-owned property (not available on new build properties).

You cannot be:

  • buying a pre-owned flat with a lease term shorter than 90 years
  • buying a new build home
  • buying a property with the Shared Ownership scheme
  • buying Restricted Resale Price property.

Instead, you could apply for an 85% mortgage.

Next steps

Find out how much you could borrow

Get an idea of what you could borrow using our mortgage calculator.

Mortgage rates

Compare mortgage deals and find out what your interest rate and monthly payments could be.

Find out how to get a Decision in Principle

You’ll need to apply for a Decision in Principle (DIP). This tells you what we’d be prepared to lend you before going on to apply for a full mortgage.


Mortgages are secured on your home. You could lose your home if you do not keep up payments on your mortgage.
Mortgages are subject to underwriting and criteria. Minimum age 18, UK residents only.