Compare 1,486 Low Deposit Mortgages

Featuring a Loan to Value (LTV) of 85% or higher, low deposit mortgages are ideal for people with limited savings. You can compare the latest rates and other important product features on low deposit mortgages in the table below.

Choose a mortgage type below
Amount of deposit you can put down?
0% 5% 10% 15%

Low deposit mortgages - lowest initial rate

Mortgage Type
Buy to Let: For landlords purchasing a property for letting.
Discount:The interest rate rises and falls with the provider’s standard variable rate but is set at a lower discounted rate for certain period.
Fixed: The interest rate is fixed for a certain period – usually 1 to 5 years.
Offset: Mortgage interest payments are offset against any savings you may hold.
Tracker:The interest rate rises and falls with the Bank of England base rate.
Variable: The interest rate rises and falls with the provider’s standard interest rate (SVR).
Initial Rate
The introductory rate of interest that you will pay for a certain period of time depending on the mortgage type and term.
Initial Term
The length of time that the initial interest rate applies to the mortgage.
Overal Cost For Comparison
This is the mortgage’s Annual Percentage Rate (APR): the interest rate that you will be charged on your mortgage including all charges such as arrangement fees.
Max LTV
The percentage of a property’s value for which the mortgage can be used.
Example:75% loan to value = 25% deposit.
Fee To Apply
This is the fee that must be paid to the lender when you take out the mortgage.
If the fee charged is a % we have based the fee on a 150k mortgage.
ERC
Will your lender charge you for repaying the mortgage early?
Use the arrows to compare all mortgages
Fixed
2.74%
then 5.65%
31/10/2016
5.30%
APR
85%
£1675
Fixed
2.79%
then 4.99%
31/10/2016
4.70%
APR
85%
£975
Tracker
2.79%
then 3.99%
30/11/2016
4.00%
APR
85%
£995
More Info
Call Direct
0808 250 8883
Discount
2.89%
then 3.94%
24 months
3.90%
APR
90%
£999
More Info
Call Direct
0800 077 4339
Fixed
2.94%
then 5.65%
31/10/2016
5.30%
APR
85%
£1675
Fixed
2.99%
then 3.94%
30/11/2016
3.90%
APR
85%
£999
More Info
Call Direct
0800 077 4339
Fixed
2.99%
then 4.99%
31/10/2016
4.80%
APR
85%
£975
Tracker
2.99%
then 5.65%
31/10/2016
5.30%
APR
85%
£475
Tracker
2.99%
then 4.99%
31/10/2016
4.80%
APR
85%
£475
Fixed
3.04%
then 5.65%
31/10/2016
5.30%
APR
85%
£475
Fixed
3.04%
then 4.79%
01/01/2017
4.60%
APR
85%
£1094
More Info
Call Direct
0845 564 2023
Fixed
3.04%
then 4.79%
01/01/2017
4.50%
APR
85%
£1094
More Info
Call Direct
0845 564 2023
Fixed
3.04%
then 4.99%
31/10/2016
4.80%
APR
85%
£475
Tracker
3.04%
then 3.99%
30/11/2016
3.90%
APR
85%
No Fee
More Info
Call Direct
0808 250 8883
Tracker
3.04%
then 3.99%
30/11/2016
4.00%
APR
85%
£995
More Info
Call Direct
0808 250 8883
Fixed
3.14%
then 3.99%
30/11/2016
4.00%
APR
85%
£995
More Info
Call Direct
0808 250 8883
Tracker
3.14%
then 5.65%
31/10/2016
5.30%
APR
85%
£475
Tracker
3.14%
then 4.99%
31/10/2016
4.80%
APR
85%
£475

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME OR PROPERTY. YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME OR PROPERTY. YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

We may receive a commission from some of the companies we refer you to, these are displayed with a green ‘More Info' button. Listings with a green 'Enquire' button refer you to an FCA regulated mortgage broker where we also receive a fixed fee. Table position does not imply product strength or superiority.

Mortgage data supplied by Defaqto. Last updated 11:30, 01/10/2014.

Low deposit mortgages

Low deposit mortgages are designed to help people get onto the housing ladder. They allow you to borrow more of the total money you need to buy your home which means, of course, that you'll need to put in less money upfront as a deposit.

With a low deposit mortgage you might be able to borrow as much as 95 per cent of the value of your new home. This is known as the loan-to-value ratio, or LTV. Elsewhere in the market, you could need to find as much as 40 per cent as a deposit.

The trade-off is that you will often find that you are faced with a higher interest rate, a larger arrangement fee or both.

Low deposit mortgages usually begin on a fixed interest rate, or one that tracks the base rate, for an initial locked-in period. After this period - lasting anywhere between one and five years - ends, you'll revert to a standard variable rate. At this point, though, you will be able to seek a new deal.

With these deals often aimed at first time buyers, a bank will sometimes be prepared to give you a better loan-to-value ratio if a relative or other benefactor can act as guarantor or if you are taking a buy-to-let mortgage and can prove you'll get a steady income from rent.

Beware - as always, you could face an arrangement fee on your mortgage of anywhere up to £2,000 or more.

Please use our whole of market mortgage comparison to compare all the top brands including RBS Mortgages, NatWest Mortgages, HSBC Mortgages, Santander Mortgages, Yorkshire Building Society Mortgages, Chelsea Building Society Mortgages and The Post Office Mortgages to name a few.

Click here to read Know Your Money's guide to getting on the housing ladder.

Helpful links for mortgage issues

Gov.uk - The government website's 'Owning and renting property' page features information on a range of issues including buying and selling property, property regulations and taxes, and mortgage aid schemes.

HMRC - HM Revenue & Custom's Stamp Duty page tells you everything you need to know about the tax including reliefs, exemptions, payments and penalties.

Council of Mortgage Lenders (CML) - The CML's consumer information pages feature a host of information on buying a property and choosing and managing a mortgage.

Citizens Advice Bureau - Citizens Advice Bureau's 'mortgage problems' section offers help and advice to people who are having trouble keeping up with their mortgage repayments.

Important – Use of knowyourmoney.co.uk is subject to our Terms of Use

Notice Media Ltd are authorised for Interim Permission with the Financial Conduct Authority (FCA) as a credit broker for all consumer credit products, firm reference number 0650984. We are also registered with the Data Protection Act (1998 ) Registration Number: Z955517X.

Notice Media Ltd, Floor 3 Haldin House, Old Bank of England Court, Queen Street, Norwich, Norfolk NR2 4SX registered in England & Wales No 05409985 is an appointed representative of Mortgage Advice Professionals Ltd, 106-108 Prince of Wales Road, Norwich, Norfolk NR1 1NS registered in England & Wales. No 06804909 which is authorised and regulated by the Financial Conduct Authority.

Notice Media Ltd registered office as above. Mortgage Advice Professionals Ltd registered office as above. Knowyourmoney.co.uk is a trading name of Notice Media Ltd.