90% LTV Mortgages For First Time Buyers | moneyfacts.co.uk
keys icon

90% LTV First-Time Buyer Mortgages

Compare 90% LTV first-time buyer mortgages

The mortgages below show the best 90% LTV mortgage rates available to first-time buyers. You can personalise the chart below by adding the value of the property you want to buy and the value of the mortgage you want to get.
If you're not a first-time buyer you can also search for remortgages and moving home mortgages.

 

Advertisement

Best 90% LTV First-time Buyer Mortgages

Best 90% LTV First-time Buyer Mortgages

We are searching our databases for your products...

  • Cumberland BS Discounted Variable
    Rate
    1.69%
    1.69% Discounted Variable for 2 years (2.40% disc)
    reverting to 4.09%
    APRC
    3.8%
    Max LTV
    90%
    Product Fees
    £999.00
    Initial Payment
    £686.99
    Total Over
    Speak To A Broker
  • Cumberland BS Discounted Variable
    Rate
    1.79%
    1.79% Discounted Variable for 2 years (2.30% disc)
    reverting to 4.09%
    APRC
    3.8%
    Max LTV
    90%
    Product Fees
    £999.00
    Initial Payment
    £695.02
    Total Over
    Speak To A Broker
  • first direct Fixed
    Rate
    2.09%
    2.09% Fixed for 2 years
    reverting to 3.54%
    APRC
    3.4%
    Max LTV
    90%
    Product Fees
    £490.00
    Initial Payment
    £719.46
    Total Over
    Speak To A Broker
  • HSBC Fixed
    Rate
    2.14%
    2.14% Fixed to 30/09/2022
    reverting to 3.54%
    APRC
    3.4%
    Max LTV
    90%
    Product Fees
    £999.00
    Initial Payment
    £723.58
    Total Over
    Speak To A Broker
  • Cumberland BS Discounted Variable
    Rate
    2.22%
    2.22% Discounted Variable for 2 years (1.87% disc)
    reverting to 4.09%
    APRC
    3.8%
    Max LTV
    90%
    Product Fees
    £0.00
    Initial Payment
    £730.21
    Total Over
    Speak To A Broker
  • HSBC Fixed
    Rate
    2.39%
    2.39% Fixed to 30/09/2023
    reverting to 3.54%
    APRC
    3.3%
    Max LTV
    90%
    Product Fees
    £999.00
    Initial Payment
    £744.40
    Total Over
    Speak To A Broker
  • first direct Fixed
    Rate
    2.39%
    2.39% Fixed for 2 years
    reverting to 3.54%
    APRC
    3.4%
    Max LTV
    90%
    Product Fees
    £0.00
    Initial Payment
    £744.40
    Total Over
    Speak To A Broker
  • HSBC Fixed
    Rate
    2.39%
    2.39% Fixed to 30/09/2022
    reverting to 3.54%
    APRC
    3.4%
    Max LTV
    90%
    Product Fees
    £0.00
    Initial Payment
    £744.40
    Total Over
    Speak To A Broker
  • HSBC Variable
    Rate
    2.44%
    2.44% Variable for 2 years
    reverting to 3.54%
    APRC
    3.5%
    Max LTV
    90%
    Product Fees
    £999.00
    Initial Payment
    £748.61
    Total Over
    Speak To A Broker
  • HSBC Fixed
    Rate
    2.46%
    2.46% Fixed to 30/09/2025
    reverting to 3.54%
    APRC
    3.2%
    Max LTV
    90%
    Product Fees
    £1,499.00
    Initial Payment
    £750.30
    Total Over
    Speak To A Broker
Representative Example
Disclaimer

Credit will be secured by a mortgage on your property. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Written quotations are available from individual lenders. Loans are subject to status and valuation and are not available to persons under the age of 18. All rates are subject to change without notice. Please check all rates and terms with your lender or financial adviser before undertaking any borrowing.

Quick Links

Quick links are where we have an arrangement with a provider so you can move directly from our site to theirs to view more information and apply for a product. We also use quick links where we have an arrangement with a preferred broker to move you directly to their site. Depending on the arrangement we may receive a modest commission either when you press a 'Go to Provider' or 'Speak to a Broker' button, when you call an advertised number or when you complete an application.

What are the best three-year first-time buyer mortgages?

What is a 90% LTV first-time buyer mortgage?

A 90% LTV (loan-to-value) first-time buyer mortgage means that you need to be able to provide a 10% deposit, in order to get the mortgage deal. It can be an attractive proposition for first-time buyers as it means only having to save 10% of the value of the property to get onto the property ladder.

Is a 90% LTV first-time buyer mortgage right for me?

A 90% LTV mortgage could be for you if you’re only able to save a 10% deposit, but it’s important to consider the rate you’ll have to pay. Often, a higher deposit equates to a lower rate of interest and vice versa, which means that a 90% LTV mortgage will often charge a higher rate than a lower LTV. For this reason, if you can save a bigger deposit it is advisable to do so, as it will mean you are paying less interest and will have lower repayments. Saying this, it is common for first-time buyers to opt for a 10% deposit mortgage as it means getting onto the property ladder quicker than waiting to save more.

What about higher FTB LTVs?

While a 90% LTV is a common option for first-time buyers, there are plenty of others to consider, including 95% LTV and even 100% LTV mortgages if you can’t save a 10% deposit. If you are tempted with these options, it is important to remember that they normally come with a higher interest rate and can end up costing more money in the long run. This is because choosing a higher LTV will typically mean higher mortgage repayments each month, or needing to take out a much longer mortgage term – the latter can improve affordability, but also means you’ll be paying the mortgage off for longer, so it’s important to consider all the options.

Check your credit score

Before you apply for a mortgage it's important to check your credit score.

Back to top

Get our weekly newsletter

Weekend Moneyfacts is available free by email to all Moneyfacts.co.uk users.

Please send me Weekend Moneyfacts, Savers Friend and selected third-party offers.

How Moneyfacts works

  • blue money scales

    BALANCED. Moneyfacts.co.uk is entirely independent and authorised by the Financial Conduct Authority for mortgage, credit and insurance products.

  • free label

    FREE. There is no cost to you. Our service is entirely free and you don't need to share any personal data to access our comparison tables.

  • drawing of pound sign and arrow

    TRANSPARENT. We only receive payment from product providers and intermediaries for quick/direct links and adverts through to their websites.

  • blue binoculars

    COMPREHENSIVE. We research the whole market and scour the small print so you can find the best products for your needs.

Top mortgage guides

Read all mortgage guides
guides icon
Second charge mortgages vs. remortgaging

Second charge mortgages are secured loans taken out against the equity available in your current home.

Read More
guides icon
When is it a good idea to remortgage?

This guide explains when it might be the right time to remortgage.

Read More
guides icon
What income can I use for a mortgage application?

Our guide to the different types of income you can use when applying for a mortgage.

Read More
guides icon
Can I get a mortgage as an older borrower?

This guide explains what you need know about getting a mortgage as an older borrower.

Read More

Cookies

Moneyfacts.co.uk will, like most other websites, place cookies onto your device. This includes tracking cookies.

I accept. Read our Cookie Policy