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Product focus: 95% LTV mortgages

Product focus: 95% LTV mortgages

Category: Mortgages

Updated: 17/12/2012
First Published: 19/04/2012

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

The number of mortgage products offering maximum loan-to-values of 95% has more than doubled over the past year, from just 27 to 61 today.

Deals with a maximum LTV of 90% have also increased to 316 today compared to 228 this time last year.

With this in mind, here is a selection of some of the best low deposit mortgages currently available.

Five Year Fixed

Leeds Building Society

  • This product offers a fixed rate of 5.99% to 30.6.17.
  • Available to first-time buyers and purchase borrowers, the maximum loan-to-value is 95% and customers can borrow from £5,000.
  • A fee of £999 is payable.
  • There is also the option to make overpayments of up to 10% of the mortgage advance.

Three Year Fixed

Loughborough Building Society

  • This three-year mortgage offers a fixed rate of 4.25%.
  • Available to all customer types, the maximum loan-to-value is 90% and customers can borrow between £25,000 and £200,000.
  • A fee of £749 is payable.
  • There is also the option to make overpayments of up to 10% of the mortgage advance.

Two Year Fixed

Newcastle Building Society

  • This fee-free fixed rate mortgage has a rate of 5.65% to 30.6.14.
  • Available to all customer types, the maximum loan-to-value is 95% and customers can borrow between £10,000 and £250,000.
  • There is also the option to make overpayments with a maximum of £499 per month.
Find the best mortgage for you - Compare fixed rate mortgages

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 
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