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Compare 60% LTV mortgages

Why are you looking for a mortgage?

You have a 60% loan-to-value (LTV). We found 5328 results for you
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Available in branch only

Progressive Building Society 2 year discount remortgage for properties in Northern Ireland

Initial rate
0.51% for 2 years
Fees
£0
APRC
3.7% overall cost
Monthly cost
£596.58 for 24 months
Representative example:

Repayment mortgage of £168,000 over 25 years, representative APRC 3.7%. Repayments: 24 months of £596.58 at 0.51% (discount), then 276 months of £891.47 at 4.35% (variable). Total amount payable £260,363.64 which includes interest of £92,363.64. Early repayment charges apply. Fees are assumed to be paid upfront. Other fees may apply.

Eligibility

You must meet the following criteria in order to get this loan:

Are resident of Northern Ireland

Are older than 18 years

Available Direct.

Remortgage only.

Self employed not accepted.

Available in branch only.

Additional criteria may apply.

Available in branch only

Progressive Building Society 2 year discount remortgage for properties in Northern Ireland

Initial rate
0.79% for 2 years
Fees
£0
APRC
3.8% overall cost
Monthly cost
£617.30 for 24 months
Representative example:

Repayment mortgage of £168,000 over 25 years, representative APRC 3.8%. Repayments: 24 months of £617.30 at 0.79% (discount), then 276 months of £893.84 at 4.35% (variable). Total amount payable £261,515.04 which includes interest of £93,515.04. Early repayment charges apply. Fees are assumed to be paid upfront. Other fees may apply.

Eligibility

You must meet the following criteria in order to get this loan:

Are resident of Northern Ireland

Are older than 18 years

Available Direct.

Remortgage only.

Self employed not accepted.

Available in branch only.

Additional criteria may apply.

NatWest Int Sols 2 year BBR tracker cashback remortgage

Initial rate
0.82% until 29 Feb 2024
Fees
£1495
APRC
3.2% overall cost
Monthly cost
£619.55 for 27 months
Representative example:

Repayment mortgage of £168,000 over 25 years, representative APRC 3.2%. Repayments: 26 months of £619.55 at 0.82% (bbr tracker), then 274 months of £828.41 at 3.59% (variable). Total amount payable £244,587.64 which includes interest of £75,092.64. Product Fee (£1,495) with an option to add to the loan. Early repayment charges apply. Fees are assumed to be paid upfront. Other fees may apply.

Eligibility

You must meet the following criteria in order to get this loan:

Are resident of England

Are resident of Scotland

Are resident of Northern Ireland

Are resident of Wales

Are older than 18 years

Max age at term end: 70 years

Remortgage only.

Available via brokers only.

Additional criteria may apply.

Available via lender only

The Cumberland 2 year discount remortgage

Initial rate
0.83% for 2 years
Fees
£1999
APRC
3.7% overall cost
Monthly cost
£620.30 for 24 months
Representative example:

Repayment mortgage of £168,000 over 25 years, representative APRC 3.7%. Repayments: 24 months of £620.30 at 0.83% (discount), then 276 months of £871.95 at 4.09% (variable). Total amount payable £257,544.40 which includes interest of £87,545.40. Arrangement Fee (£1,999) with an option to add to the loan. Early repayment charges apply. Fees are assumed to be paid upfront. Other fees may apply.

Eligibility

You must meet the following criteria in order to get this loan:

Are resident of England

Are resident of Scotland

Are resident of Wales

Are older than 18 years

Available Direct.

Remortgage only.

Available in branch only.

Additional criteria may apply.

Available via lender only

Yorkshire Building Society 2 year BBR tracker

Initial rate
0.84% until 29 Feb 2024
Fees
£995
APRC
3.7% overall cost
Monthly cost
£621.05 for 63 months
Representative example:

Repayment mortgage of £168,000 over 25 years, representative APRC 3.7%. Repayments: 26 months of £621.05 at 0.84% (bbr tracker), then 36 months of £841.75 at 3.75% (discount), then 238 months of £897.03 at 4.49% (variable). Total amount payable £260,938.44 which includes interest of £91,943.44. Completion Fee (£995) with an option to add to the loan. Early repayment charges apply. Fees are assumed to be paid upfront. Other fees may apply.

Eligibility

You must meet the following criteria in order to get this loan:

Are resident of England

Are resident of Scotland

Are resident of Northern Ireland

Are resident of Wales

Are older than 18 years

Available Direct.

Max age at term end: 80 years

Additional criteria may apply.

Stafford Railway 2 year discount

Initial rate
0.85% for 2 years
Fees
£1000
APRC
2.7% overall cost
Monthly cost
£621.80 for 24 months
Representative example:

Repayment mortgage of £168,000 over 25 years, representative APRC 2.7%. Repayments: 24 months of £621.80 at 0.85% (discount), then 276 months of £778.33 at 2.95% (variable). Total amount payable £230,742.28 which includes interest of £61,742.28. Arrangement Fee (£1,000) with an option to add to the loan. Early repayment charges apply. Fees are assumed to be paid upfront. Other fees may apply.

Eligibility

You must meet the following criteria in order to get this loan:

Are resident of England

Are resident of Wales

Are older than 18 years

Available Direct.

Max age at term end: 85 years

Self employed not accepted.

Additional criteria may apply.

Barclays 2 year BBR tracker cashback remortgage

Initial rate
0.85% for 2 years
Fees
£999
APRC
3.2% overall cost
Monthly cost
£621.80 for 24 months
Representative example:

Repayment mortgage of £168,000 over 25 years, representative APRC 3.2%. Repayments: 24 months of £621.80 at 0.85% (bbr tracker), then 276 months of £830.23 at 3.59% (variable). Total amount payable £245,065.68 which includes interest of £76,066.68. Product Fee (£999) with an option to add to the loan. Fees are assumed to be paid upfront. Other fees may apply.

Eligibility

You must meet the following criteria in order to get this loan:

Are resident of England

Are resident of Scotland

Are resident of Northern Ireland

Are resident of Wales

Are older than 18 years

Available Direct.

Max age at term end: 70 years

Remortgage only.

Additional criteria may apply.

Barclays 2 year BBR tracker remortgage

Initial rate
0.85% for 2 years
Fees
£999
APRC
3.2% overall cost
Monthly cost
£621.80 for 24 months
Representative example:

Repayment mortgage of £168,000 over 25 years, representative APRC 3.2%. Repayments: 24 months of £621.80 at 0.85% (bbr tracker), then 276 months of £830.23 at 3.59% (variable). Total amount payable £245,065.68 which includes interest of £76,066.68. Product Fee (£999) with an option to add to the loan. Fees are assumed to be paid upfront. Other fees may apply.

Eligibility

You must meet the following criteria in order to get this loan:

Are resident of England

Are resident of Scotland

Are resident of Northern Ireland

Are resident of Wales

Are older than 18 years

Available Direct.

Max age at term end: 70 years

Remortgage only.

Additional criteria may apply.

Nationwide 2 year BBR tracker cashback remortgage

Initial rate
0.89% for 2 years
Fees
£1499
APRC
3.2% overall cost
Monthly cost
£624.82 for 24 months
Representative example:

Repayment mortgage of £168,000 over 25 years, representative APRC 3.2%. Repayments: 24 months of £624.82 at 0.89% (bbr tracker), then 276 months of £830.54 at 3.59% (variable). Total amount payable £245,723.72 which includes interest of £76,224.72. Product Fee (£1,499) with an option to add to the loan. Fees are assumed to be paid upfront. Other fees may apply.

Eligibility

You must meet the following criteria in order to get this loan:

Are resident of England

Are resident of Scotland

Are resident of Northern Ireland

Are resident of Wales

Are older than 18 years

Available Direct.

Max age at term end: 75 years

Remortgage only.

Additional criteria may apply.

Nationwide 2 year BBR tracker remortgage

Initial rate
0.89% for 2 years
Fees
£1499
APRC
3.2% overall cost
Monthly cost
£624.82 for 24 months
Representative example:

Repayment mortgage of £168,000 over 25 years, representative APRC 3.2%. Repayments: 24 months of £624.82 at 0.89% (bbr tracker), then 276 months of £830.54 at 3.59% (variable). Total amount payable £245,723.72 which includes interest of £76,224.72. Product Fee (£1,499) with an option to add to the loan. Fees are assumed to be paid upfront. Other fees may apply.

Eligibility

You must meet the following criteria in order to get this loan:

Are resident of England

Are resident of Scotland

Are resident of Northern Ireland

Are resident of Wales

Are older than 18 years

Available Direct.

Max age at term end: 75 years

Remortgage only.

Additional criteria may apply.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

What is a 60% LTV mortgage?

A 60% LTV mortgage is a mortgage available to those who can produce a deposit of at least 40% of the value of the property they’re buying or remortgaging.

The mortgage rate you can apply for is decided by LTV thresholds, the lower the threshold the better the rate. 60% LTV is the lowest threshold and offers the cheapest rates.

Why get a 60% LTV mortgage?

The lower your loan to value ratio, the lower your interest rate will be. This is because the lender will consider you a less risky borrower, as you have in effect already bought outright a percentage of your home.

Loan to value (LTV) is how big your deposit is relative to the value of the property. The bigger your deposit the lower your loan to value ratio. In this case, if you were interested in a property worth £300,000, you would need to save a deposit of £120,000 to unlock these interest rates.

60% LTV mortgages is typically the lowest threshold offered by lenders, giving the best interest rates and cheap mortgages.

How to afford a 60% LTV mortgage

To be eligible for a 60% LTV mortgage, you will need to save up a deposit of 40%. Given the ever-rising cost of houses in the UK, saving this amount can be easier said than done.

Most people raise the money for a 40% deposit when they've already owned property before, typically from the sale of their home, or savings accrued over many years. So these mortgages are generally more difficult to get if you're a first time buyer.

Getting the best mortgage deal

As 60% LTV is the threshold for the lowest rates, if you can almost reach it, it’s well worth scrimping and saving a bit more to get a 40% deposit.

The lower rates and lower repayments you’ll receive with a 60% LTV will save you thousands over the course of your mortgage.

Compare other LTV mortgages

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