5% Deposit Mortgages

5% Deposit Mortgages

Compare 5% Mortgage Deals

Type
Fixed
Initial Term
2 Years
Initial Interest Rate
1.49%
Reverts to 4.24%
Max LTV
60%
Product Fee
Yes

Call FREE on 0800 158 2934

£250 CASHBACK

Early redemption charges may apply. Overall Cost for Comparison 4.00% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
2 Years
Initial Interest Rate
1.67%
Reverts to 4.99%
Max LTV
65%
Product Fee
Yes

Call FREE on 0330 057 1528

£300 CASHBACK

Early redemption charges may apply. Overall Cost for Comparison 4.40% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
2 Years
Initial Interest Rate
1.75%
Reverts to 4.99%
Max LTV
75%
Product Fee
Yes

Call FREE on 0330 057 1528

£300 CASHBACK

Early redemption charges may apply. Overall Cost for Comparison 4.40% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
2 Years
Initial Interest Rate
1.83%
Reverts to 4.24%
Max LTV
75%
Product Fee
Yes

Call FREE on 0800 158 2934

Early redemption charges may apply. Overall Cost for Comparison 4.00% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
2 Years
Initial Interest Rate
1.84%
Reverts to 4.74%
Max LTV
75%
Product Fee
No

Call FREE on 0808 178 6813

Early redemption charges may apply. Overall Cost for Comparison 4.10% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
2 Years
Initial Interest Rate
1.87%
Reverts to 4.24%
Max LTV
80%
Product Fee
Yes

Call FREE on 0800 096 7447

Early redemption charges may apply. Overall Cost for Comparison 4.00% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
2 Years
Initial Interest Rate
1.87%
Reverts to 4.24%
Max LTV
85%
Product Fee
Yes

Call FREE on 0800 096 7447

Early redemption charges may apply. Overall Cost for Comparison 4.00% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
2 Years
Initial Interest Rate
2.01%
Reverts to 4.74%
Max LTV
60%
Product Fee
No

Call FREE on 0808 178 6813

£500 CASHBACK

Early redemption charges may apply. Overall Cost for Comparison 4.30% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
3 Years
Initial Interest Rate
1.78%
Reverts to 4.99%
Max LTV
65%
Product Fee
Yes

Call FREE on 0330 057 1528

Early redemption charges may apply. Overall Cost for Comparison 4.20% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
3 Years
Initial Interest Rate
1.80%
Reverts to 4.99%
Max LTV
75%
Product Fee
Yes

Call FREE on 0330 057 1528

Early redemption charges may apply. Overall Cost for Comparison 4.20% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
3 Years
Initial Interest Rate
2.30%
Reverts to 4.74%
Max LTV
70%
Product Fee
No

Call FREE on 0808 178 6813

£250 CASHBACK

Early redemption charges may apply. Overall Cost for Comparison 4.20% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
3 Years
Initial Interest Rate
2.69%
Reverts to 4.74%
Max LTV
90%
Product Fee
No

Call FREE on 0808 178 6813

£1,000 CASHBACK

Early redemption charges may apply. Overall Cost for Comparison 4.30% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
5 Years
Initial Interest Rate
1.95%
Reverts to 4.24%
Max LTV
60%
Product Fee
Yes

Call FREE on 0800 158 2934

£250 CASHBACK

Early redemption charges may apply. Overall Cost for Comparison 3.50% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
5 Years
Initial Interest Rate
1.99%
Reverts to 4.24%
Max LTV
75%
Product Fee
Yes

Call FREE on 0800 158 2934

£250 CASHBACK

Early redemption charges may apply. Overall Cost for Comparison 3.50% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
5 Years
Initial Interest Rate
2.01%
Reverts to 4.99%
Max LTV
65%
Product Fee
Yes

Call FREE on 0330 057 1528

Early redemption charges may apply. Overall Cost for Comparison 3.90% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
5 Years
Initial Interest Rate
2.06%
Reverts to 4.99%
Max LTV
75%
Product Fee
Yes

Call FREE on 0330 057 1528

Early redemption charges may apply. Overall Cost for Comparison 4.00% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
5 Years
Initial Interest Rate
2.21%
Reverts to 4.24%
Max LTV
80%
Product Fee
Yes

Call FREE on 0800 096 7447

£250 CASHBACK

Early redemption charges may apply. Overall Cost for Comparison 3.60% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
5 Years
Initial Interest Rate
2.42
Reverts to 4.74%
Max LTV
60%
Product Fee
Yes

Call FREE on 0808 178 6813

£400 CASHBACK

Early redemption charges may apply. Overall Cost for Comparison 4.00% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
5 Years
Initial Interest Rate
2.58%
Reverts to 4.74%
Max LTV
75%
Product Fee
No

Call FREE on 0808 178 6813

Early redemption charges may apply. Overall Cost for Comparison 3.70% APRC. This is the cost of the mortgage over the full term.

Type
Tracker
Initial Term
2 Years
Initial Interest Rate
1.75%
Reverts to 4.99%
Max LTV
70%
Product Fee
Yes

Call FREE on 0330 057 1528

Early redemption charges may apply. Overall Cost for Comparison 4.40% APRC. This is the cost of the mortgage over the full term.

Type
Tracker
Initial Term
2 Years
Initial Interest Rate
1.99%
Reverts to 4.99%
Max LTV
80%
Product Fee
Yes

Call FREE on 0330 057 1528

Early redemption charges may apply. Overall Cost for Comparison 4.40% APRC. This is the cost of the mortgage over the full term.

Type
Tracker
Initial Term
2 Years
Initial Interest Rate
2.09%
Reverts to 4.24%
Max LTV
60%
Product Fee
Yes

Call FREE on 0800 158 2934

Early redemption charges may apply. Overall Cost for Comparison 4.10% APRC. This is the cost of the mortgage over the full term.

Type
Tracker
Initial Term
2 Years
Initial Interest Rate
2.29%
Reverts to 4.24%
Max LTV
70%
Product Fee
Yes

Call FREE on 0800 096 7447

Early redemption charges may apply. Overall Cost for Comparison 4.10% APRC. This is the cost of the mortgage over the full term.

Type
Tracker
Initial Term
2 Years
Initial Interest Rate
2.32%
Reverts to 4.24%
Max LTV
75%
Product Fee
Yes

Call FREE on 0800 158 2934

Early redemption charges may apply. Overall Cost for Comparison 4.10% APRC. This is the cost of the mortgage over the full term.

Type
Lifetime Tracker
Initial Term
Term of Mortgage
Interest Rate
4.74%
Max LTV
90%
Product Fee
No

Call FREE on 0808 178 6813

Early redemption charges may apply. Overall Cost for Comparison 4.90% APRC. This is the cost of the mortgage over the full term.

Type
Lifetime Tracker
Initial Term
Term of Mortgage
Interest Rate
4.74%
Max LTV
95%
Product Fee
No

Call FREE on 0808 178 6813

Early redemption charges may apply. Overall Cost for Comparison 4.90% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
5 Years
Initial Interest Rate
2.41%
Reverts to 4.99%
Max LTV
90%
Product Fee
Yes

Call FREE on 0330 057 1528

Early redemption charges may apply. Overall Cost for Comparison 4.10% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
5 Years
Initial Interest Rate
2.81%
Reverts to 4.74%
Max LTV
90%
Product Fee
No

Call FREE on 0808 178 6813

£1,000 CASHBACK

Early redemption charges may apply. Overall Cost for Comparison 4.10% APRC. This is the cost of the mortgage over the full term.

Type
Fixed First Time Buyer
Initial Term
2 Years
Initial Interest Rate
2.91%
Reverts to 4.24%
Max LTV
90%
Product Fee
No

Call FREE on 0800 158 2934

£250 CASHBACK

Early redemption charges may apply. Overall Cost for Comparison 4.10% APRC. This is the cost of the mortgage over the full term.

Type
Fixed First Time Buyer
Initial Term
2 Years
Initial Interest Rate
2.91%
Reverts to 4.24%
Max LTV
90%
Product Fee
No

Call FREE on 0800 096 7447

£250 CASHBACK

Early redemption charges may apply. Overall Cost for Comparison 4.10% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
2 Years
Initial Interest Rate
3.18%
Reverts to 4.99%
Max LTV
95%
Product Fee
No

£500 Cashback

Call FREE on 0330 057 1528

Early redemption charges may apply. Overall Cost for Comparison 4.70% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
2 Years
Initial Interest Rate
3.20%
Reverts to 4.24%
Max LTV
95%
Product Fee
No

Call FREE on 0800 096 7447

£250 CASHBACK

Early redemption charges may apply. Overall Cost for Comparison 4.10% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
5 Years
Initial Interest Rate
3.53%
Reverts to 4.74%
Max LTV
95%
Product Fee
No

Call FREE on 0808 178 6813

Early redemption charges may apply. Overall Cost for Comparison 4.30% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
5 Years
Initial Interest Rate
3.58%
Reverts to 4.99%
Max LTV
95%
Product Fee
No

£300 Cashback

Call FREE on 0330 057 1528

Early redemption charges may apply. Overall Cost for Comparison 4.40% APRC. This is the cost of the mortgage over the full term.

Type
Fixed Remortgage
Initial Term
2 Years
Initial Interest Rate
1.54%
Reverts to 4.24%
Max LTV
60%
Product Fee
Yes

Call FREE on 0800 096 7447

Early redemption charges may apply. Overall Cost for Comparison 4.00% APRC. This is the cost of the mortgage over the full term.

Type
Fixed Remortgage
Initial Term
2 Years
Initial Interest Rate
1.54%
Reverts to 4.24%
Max LTV
60%
Product Fee
Yes

Call FREE on 0800 158 2934

Early redemption charges may apply. Overall Cost for Comparison 4.00% APRC. This is the cost of the mortgage over the full term.

Type
Fixed Remortgage
Initial Term
2 Years
Initial Interest Rate
1.59%
Reverts to 4.24%
Max LTV
75%
Product Fee
Yes

Call FREE on 0800 158 2934

Early redemption charges may apply. Overall Cost for Comparison 3.90% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
2 Years
Initial Interest Rate
1.67%
Reverts to 4.99%
Max LTV
65%
Product Fee
Yes

Call FREE on 0330 057 1528

£300 CASHBACK

Early redemption charges may apply. Overall Cost for Comparison 4.40% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
2 Years
Initial Interest Rate
1.75%
Reverts to 4.99%
Max LTV
75%
Product Fee
Yes

Call FREE on 0330 057 1528

£300 CASHBACK

Early redemption charges may apply. Overall Cost for Comparison 4.40% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
2 Years
Initial Interest Rate
1.84%
Reverts to 4.74%
Max LTV
75%
Product Fee
No

Call FREE on 0808 178 6813

Early redemption charges may apply. Overall Cost for Comparison 4.10% APRC. This is the cost of the mortgage over the full term.

Type
Fixed Remortgage
Initial Term
5 Years
Initial Interest Rate
1.94%
Reverts to 4.24%
Max LTV
60%
Product Fee
Yes

Call FREE on 0800 158 2934

Early redemption charges may apply. Overall Cost for Comparison 3.50% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
2 Years
Initial Interest Rate
2.01%
Reverts to 4.74%
Max LTV
60%
Product Fee
No

Call FREE on 0808 178 6813

£500 CASHBACK

Early redemption charges may apply. Overall Cost for Comparison 4.30% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
5 Years
Initial Interest Rate
2.01%
Reverts to 4.99%
Max LTV
65%
Product Fee
Yes

Call FREE on 0330 057 1528

Early redemption charges may apply. Overall Cost for Comparison 3.90% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
5 Years
Initial Interest Rate
2.06%
Reverts to 4.99%
Max LTV
75%
Product Fee
Yes

Call FREE on 0330 057 1528

Early redemption charges may apply. Overall Cost for Comparison 4.00% APRC. This is the cost of the mortgage over the full term.

Type
Fixed Remortgage
Initial Term
2 Years
Initial Interest Rate
2.31%
Reverts to 4.24%
Max LTV
90%
Product Fee
Yes

Call FREE on 0800 096 7447

£250 CASHBACK

Early redemption charges may apply. Overall Cost for Comparison 4.10% APRC. This is the cost of the mortgage over the full term.

Type
Fixed Remortgage
Initial Term
5 Years
Initial Interest Rate
2.23%
Reverts to 4.24%
Max LTV
75%
Product Fee
Yes

Call FREE on 0800 096 7447

Early redemption charges may apply. Overall Cost for Comparison 3.60% APRC. This is the cost of the mortgage over the full term.

Type
Fixed Remortgage
Initial Term
5 Years
Initial Interest Rate
2.23%
Reverts to 4.24%
Max LTV
75%
Product Fee
Yes

Call FREE on 0800 158 2934

Early redemption charges may apply. Overall Cost for Comparison 3.60% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
5 Years
Initial Interest Rate
2.42
Reverts to 4.74%
Max LTV
60%
Product Fee
Yes

Call FREE on 0808 178 6813

£400 CASHBACK

Early redemption charges may apply. Overall Cost for Comparison 4.00% APRC. This is the cost of the mortgage over the full term.

Type
Fixed
Initial Term
5 Years
Initial Interest Rate
2.58%
Reverts to 4.74%
Max LTV
75%
Product Fee
No

Call FREE on 0808 178 6813

Early redemption charges may apply. Overall Cost for Comparison 3.70% APRC. This is the cost of the mortgage over the full term.

5% Deposit Mortgages

LTV is the ratio of assets to loan and allows your lender to assess how much loan you require in relation to the size of your deposit and the overall value of your property. For example, if your home is worth £100,000 and you have a deposit of 5% (£5,000), this means that your LTV on your mortgage is 95% and you will need to borrow £95,000 from your mortgage lender.

To qualify for a 5% deposit mortgage, you will be expected to meet certain criteria established by the mortgage lender. Lenders will assess your personal circumstances before offering you a LTV mortgage. The following things may be taken into consideration by your lender when assessing your circumstances:

  • Your credit history – any previous loans, credit card debts, CCJs, outstanding overdrafts are taken into consideration.
  • You income – whether you will be able to keep up with the monthly repayments as well as interest (this depends on which method of repayment you choose).
  • Whether you have any previous late mortgage repayments.
  • The amount of money you are looking to borrow in relation to the value of your property (LTV).

Although finding a mortgage with a 5% deposit may be fairly difficult, there are some options that you could consider that could enable you to do so. As banks and building societies acknowledge the struggle to find a suitable mortgage with a relatively small deposit, they are beginning to offer mortgage deals such as the following:

  • Certain banks and building societies could offer mortgages with up to 95% loan to value (LTV) providing you opened a savings account with them and made regular payments for a certain period
  • There are a number of lenders that offer mortgages with over a 90% LTV providing you have a relative with a sufficient income that would be willing to act as a guarantor for your mortgage.

Alternatively, you may wish to consider the following options:

  • Sharing a mortgage with a relative, partner or friend could help you to share the costs of a mortgage, including the deposit
  • There may be a government scheme in your area that could help you to buy a property