Logo
DropdownArrow

Buy a home HoverArrow



Remortgage HoverArrow

DropdownArrow
sub-item

On your own

Boost your buying budget without a loved one’s help.

sub-item

Guarantor Mortgages

Boost your buying budget with the help of family or friends.

sub-item

Remortgage

Release equity, borrow more or access better rates.

sub-item

Part Buy, Part Rent

Buy a share of a home and pay rent on the rest.

DropdownArrow

Latest articles HoverArrow



DropdownArrow
Calculator
LoginGet a mortgage

Struggling to save? Buy a home with a just a 5% deposit

Saving a deposit is tough. Luckily, 95% mortgages are available, meaning you can get on the property ladder, or buy your next place and put down just 5% of the property price as a deposit. Get advice from the UK's Best Mortgage Broker 2022 & 2023.

Discover your buying budget
British Bank awards 2023 Best Mortgage Broker winner
house-tear

Discover how much you can really borrow.

£
£
tear
rocket

£82,000 Average Affordability Boost

trophy

Voted the UK's Best Mortgage Broker

smile

Available 7-days a week, plus evenings

How a 95% mortgage works

Sometimes called 5% deposit mortgages, 95% loan to value (LTV) mortgages are available to both first-time buyers and home movers, and allow you to buy a home with just a 5% deposit saved. An increasing number of lenders offer 95% mortgages, thanks in part to property prices becoming out of reach for buyers, and lenders wanting to stimulate sales.

These can be a lifesaver for those who are struggling to save and are looking for a low deposit mortgage solution, however they aren't available to everyone. You'll need to have an excellent credit history, even a few missed payments will hurt your chances of taking out a 95% mortgage. That's because they are a higher risk to mortgage lenders, so they need more evidence that you're a safe bet.

Check my eligibility

Getting started with Tembo

Get your 95% mortgage underway in 3 simple steps

side-image

Check live interest rates for 95% mortgages

Interest rates are changing rapidly, and mortgages are making headlines. Stay on top of a changing market with our live interest rate tracker for 95% mortgages.

Get a personalised rate
Loading...

Got questions? We've got answers

See all FAQs

Frequently asked questions

See all FAQs