The best 95% loan-to-value mortgages in May 2021

• Barclays Mortgage
• Halifax
• Lloyds Bank
• HSBC
• Royal Bank of Scotland and NatWest
• Santander
• Virgin Money

Coventry Building Society reduced the rate on its five-year fixed rate 95% LTV mortgages to 3.79% and 3.99% until 30 June 2026. It also launched a new two-year fixed rate mortgage at 3.59% until 30 June 2023 with a fee of £999. Both mortgages revert to a rate of 4.49% variable after the fixed rate terms.

Dudley Building Society removed the locals only restriction on their five-year fixed rate 95% LTV mortgage at 3.99% reverting to 4.99% variable after the fixed term. There is no product fee for this mortgage.
Cumberland Building Society reduced the rate on its 95% LTV mortgage to 3.99%. The fixed term lasts until 1 July 2023, then reverts to 4.09%. There is a fee of £999 and an incentive of a free valuation.

Leeds Building Society reduced its five-year fixed rates by up to 0.10%, and now offers a fixed rate of 3.90% & 3.99% respectively. The former has a £499 fee while the latter is fee free. Both deals come with the incentive of a free valuation and revert to 5.29% at the end of the fixed term.

Hanley Economic Building Society withdrew its 95% LTV deal this week.

A mortgage broker should be up to date with the changing market and this could help borrowers to secure a deal before a mortgage lender closes its lending at 95% LTV. Our preferred mortgage broker is Mortgage Advice Bureau, you can request a call back or call them on 0808 149 9177.