Compare 80% LTV mortgages
Why are you looking for a mortgage?
Progressive Building Society 2 year discount remortgage for properties in Northern Ireland
Repayment mortgage of £224,000 over 25 years, representative APRC 3.8%. Repayments: 24 months of £853.35 at 1.09% (discount), then 276 months of £1,195.09 at 4.35% (variable). Total amount payable £350,325.24 which includes interest of £126,325.24. 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.
Furness Building Society 2 year discount
Repayment mortgage of £224,000 over 25 years, representative APRC 4.6%. Repayments: 24 months of £853.35 at 1.09% (discount), then 276 months of £1,287.80 at 5.14% (variable). Total amount payable £377,412.20 which includes interest of £151,913.20. Product Fee (£1,499) 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.
Max age at term end: 80 years
Additional criteria may apply.
Furness Building Society 2 year discount
Repayment mortgage of £224,000 over 25 years, representative APRC 4.6%. Repayments: 24 months of £863.60 at 1.19% (discount), then 276 months of £1,288.97 at 5.14% (variable). Total amount payable £377,481.12 which includes interest of £152,482.12. Product Fee (£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.
Max age at term end: 80 years
Additional criteria may apply.
Barclays 2 year BBR tracker cashback remortgage
Repayment mortgage of £224,000 over 25 years, representative APRC 3.3%. Repayments: 24 months of £873.92 at 1.29% (bbr tracker), then 276 months of £1,111.44 at 3.59% (variable). Total amount payable £328,730.52 which includes interest of £103,731.52. 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
Existing customer type: current account
Available Direct.
Max age at term end: 70 years
Remortgage only.
Additional criteria may apply.
Barclays 2 year BBR tracker remortgage
Repayment mortgage of £224,000 over 25 years, representative APRC 3.3%. Repayments: 24 months of £873.92 at 1.29% (bbr tracker), then 276 months of £1,111.44 at 3.59% (variable). Total amount payable £328,730.52 which includes interest of £103,731.52. 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
Existing customer type: current account
Available Direct.
Max age at term end: 70 years
Remortgage only.
Additional criteria may apply.
Yorkshire Building Society 2 year BBR tracker
Repayment mortgage of £224,000 over 25 years, representative APRC 3.8%. Repayments: 28 months of £873.92 at 1.29% (bbr tracker), then 35 months of £1,125.47 at 3.75% (discount), then 237 months of £1,199.11 at 4.49% (variable). Total amount payable £349,045.28 which includes interest of £124,050.28. 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.
Digital Mortgages 2 year fixed remortgage
Repayment mortgage of £224,000 over 25 years, representative APRC 3.2%. Repayments: 27 months of £873.92 at 1.29% (fixed), then 273 months of £1,099.03 at 3.5% (variable). Total amount payable £325,131.03 which includes interest of £99,631.03. Product Fee (£1,500) 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: 80 years
Minimum income £16,000
Remortgage only.
Available via brokers only.
Additional criteria may apply.
The Cumberland 2 year discount remortgage
Repayment mortgage of £224,000 over 25 years, representative APRC 3.8%. Repayments: 24 months of £881.20 at 1.36% (discount), then 276 months of £1,168.23 at 4.09% (variable). Total amount payable £345,579.28 which includes interest of £119,580.28. 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.
Leeds Building Society 2 year fixed
Repayment mortgage of £224,000 over 25 years, representative APRC 4.3%. Repayments: 27 months of £881.20 at 1.36% (fixed), then 36 months of £1,159.46 at 4.04% (discount), then 237 months of £1,287.69 at 5.29% (variable). Total amount payable £371,714.49 which includes interest of £146,715.49. Product Fee (£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 Northern Ireland
Are resident of Wales
Are older than 18 years
Available Direct.
Max age at term end: 85 years
Additional criteria may apply.
Furness Building Society 2 year fixed cashback mortgage
Repayment mortgage of £224,000 over 25 years, representative APRC 4.6%. Repayments: 24 months of £882.24 at 1.37% (fixed), then 276 months of £1,291.05 at 5.14% (variable). Total amount payable £378,502.56 which includes interest of £153,503.56. Product Fee (£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.
Max age at term end: 80 years
Additional criteria may apply.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
Frequently asked questions
80% LTV mortgage are on the higher end of the loan-to-value mortgage scale, but that are far more common than 95% or 100% LTV mortgages, but how do they work and what should you be aware of?
What is 80% loan-to-value
An 80% loan-to-value mortgage is one of the more common mortgages in the UK. The ‘80%’ bit refers to the ration between the amount to be borrowed (80%), and the total cost of the house (100%).
So if the house is worth £100,000, a deposit of £20,000 and a mortgage of £80,000, the LTV of the mortgage is 80%.
How can I tell the right LTV for me?
The right LTV for your needs depends on two things; how much you have for a deposit and how much you can afford on a monthly basis.
The monthly cost of the mortgage is made up of the total amount borrowed, the term, and the interest rate.
As a rule of thumb the interest rate will be higher with higher LTVs, so a 70% LTV mortgage will tend to have a lower interest rate than an 80% LTV mortgage because it’s riskier for the lender.
While increasing the term will lower the monthly repayments, it will also increase the overall cost of the mortgage as the interest is being charged for a longer time.
Before deciding on the size of your deposit you should also consider keeping some savings. Not only are there costs associated with a mortgage – lender’s fees, solicitor’s fees, and potentially stamp duty – but owning a house means you should have some savings to cover repairs.
Looking for a different LTV?
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