All you need to know about buying your own home with a 5% deposit

95% mortgages

Mortgages made for smaller deposits

You're ready to get on or move up the property ladder, but you don’t have a big deposit. With a 95% mortgage, you could buy your own home with as little as a 5% deposit.

For example, on a property worth £240,000, you'd need a deposit of £12,000.

Let’s see if you’re eligible

We’d love to help you get your foot on the property ladder. But we do have a few requirements first: 

You’re a first time buyer, moving home or buying a second residential property

You're intending to repay the mortgage on a capital and interest basis (not interest only)

The property is worth less than £600,000

The property is not a new build home (not built, first occupied or significantly refurbished in the last two years)

You can only apply for a 95% mortgage by phone or in branch. However, you can use our mortgage calculators to see our rates and if we may be able to lend you the money. 

Compare mortgages

See what you could borrow. And compare our 95% mortgages with everything else we have on offer.

You’ll also see what your monthly repayments would be with different mortgages and interest rates.

Get an Agreement in Principle

With a personalised Agreement in Principle, you’ll get a more accurate answer on what we may be able to lend you. Plus, you’ll be in the ideal place to start house hunting or put in an offer on a property you've already seen.

Need some help?

Call us

Arrange a callback

Complete our quick form to arrange a callback at a time that suits you, including evenings and weekends.

This will allow you to arrange a phone or branch appointment with a qualified mortgage adviser.

Something else we can help you with?