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80% Loan to Value (LTV) Mortgages

There are a wide-range of 85% mortgages available with great interest rates for those with smaller deposits.

80 %

Repayment
Repay both the amount borrowed and the interest, so over time you pay back the loan.

Interest only
Only pay back the interest. That means lower monthly costs but your repayments alone will not pay back the loan.

Repayment
Repay both the amount borrowed and the interest, so over time you pay back the loan.

Interest only
Only pay back the interest. That means lower monthly costs but your repayments alone will not pay back the loan.

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Rate type Initial rate Fees Overall cost
APRC

Overall costs for comparison. This is a way of comparing most costs including interest and fees.

Monthly cost
Rate type
Discounted 05/12/2018
Initial rate
1.24%then 5.29% (variable)
Fees
£1,484fees
Overall cost
1.5%APRC
Monthly cost
£165.33 for 24 months then £687.84 (variable)
for 276 months
Am I eligible?
Please make sure you at least meet the following criteria:
  • Resident of: England, Wales
  • Aged 18 or older
  • 80 or younger at mortgage end
  • No County Court Judgements (CCJs)
  • No arrears
  • No defaults
  • No bankruptcies
  • No repossessions
  • Up to 80.0% loan-to-value (LTV) available.
  • Eligible for first-time buyers, home movers.

Additional criteria for acceptance from the lender may apply.

Assumed application completion date of 05/12/2016. Repayment mortgage of £160,000 payable over 300 monthly repayments. Total amount payable £195,296 includes: Loan amount (£160,000); Interest (£33,812); Application fee (£999); Valuation fee (£230); Legal fee (£105); Funds transfer fee (£20); Mortgage discharge fee (£90); Deeds release fee (£40); Fees are assumed to be paid up front and not included in the amount borrowed.
Rate type
Fixed 05/12/2018
Initial rate
1.39%then 3.69% (variable)
Fees
£1,707fees
Overall cost
3.3%APRC
Monthly cost
£631.66 for 24 months then £802.52 (variable)
for 276 months
Am I eligible?
Please make sure you at least meet the following criteria:
  • Resident of: England, Scotland, Wales, Northern Ireland
  • Aged 18 or older
  • 75 or younger at mortgage end
  • No County Court Judgements (CCJs)
  • No arrears
  • No defaults
  • No bankruptcies
  • No repossessions
  • Up to 85.0% loan-to-value (LTV) available.
  • Eligible for first-time buyers, home movers.

Additional criteria for acceptance from the lender may apply.

Assumed application completion date of 05/12/2016. Repayment mortgage of £160,000 payable over 300 monthly repayments. Total amount payable £238,363 includes: Loan amount (£160,000); Interest (£76,656); Booking fee (£1,450); Valuation fee (£227); Funds transfer fee (£30); Mortgage discharge fee (£0); Deeds release fee (£0); Fees are assumed to be paid up front and not included in the amount borrowed.
Rate type
Fixed 05/12/2018
Initial rate
1.39%then 3.69% (variable)
Fees
£1,707fees
Overall cost
3.3%APRC
Monthly cost
£631.66 for 24 months then £802.52 (variable)
for 276 months
Am I eligible?
Please make sure you at least meet the following criteria:
  • Resident of: England, Scotland, Wales, Northern Ireland
  • Aged 18 or older
  • 75 or younger at mortgage end
  • No County Court Judgements (CCJs)
  • No arrears
  • No defaults
  • No bankruptcies
  • No repossessions
  • Up to 80.0% loan-to-value (LTV) available.
  • Eligible for first-time buyers, home movers.

Additional criteria for acceptance from the lender may apply.

Assumed application completion date of 05/12/2016. Repayment mortgage of £160,000 payable over 300 monthly repayments. Total amount payable £238,363 includes: Loan amount (£160,000); Interest (£76,656); Booking fee (£1,450); Valuation fee (£227); Funds transfer fee (£30); Mortgage discharge fee (£0); Deeds release fee (£0); Fees are assumed to be paid up front and not included in the amount borrowed.
Rate type
Fixed 31/01/2019
Initial rate
1.39%then 4.49% (variable)
Fees
£1,978fees
Overall cost
4.0%APRC
Monthly cost
£631.66 for 24 months then £867.52 (variable)
for 276 months
Am I eligible?
Please make sure you at least meet the following criteria:
  • Resident of: England, Scotland, Wales, Northern Ireland
  • Aged 18 or older
  • 75 or younger at mortgage end
  • No arrears
  • No bankruptcies
  • No repossessions
  • Up to 80.0% loan-to-value (LTV) available.
  • Eligible for first-time buyers, home movers.

Additional criteria for acceptance from the lender may apply.

Assumed application completion date of 31/01/2017. Repayment mortgage of £160,000 payable over 300 monthly repayments. Total amount payable £256,573 includes: Loan amount (£160,000); Interest (£94,595); Booking fee (£90); Application fee (£1,499); Valuation fee (£229); Funds transfer fee (£0); Mortgage discharge fee (£106); Deeds release fee (£54); Fees are assumed to be paid up front and not included in the amount borrowed.
Rate type
Tracker 28/02/2019
Initial rate
1.4%then 5.99% (variable)
Fees
£1,738fees
Overall cost
5.3%APRC
Monthly cost
£632.41 for 24 months then £996.74 (variable)
for 276 months
Am I eligible?
Please make sure you at least meet the following criteria:
  • Resident of: England, Scotland, Wales
  • Aged 18 or older
  • 80 or younger at mortgage end
  • No arrears
  • No repossessions
  • Up to 80.0% loan-to-value (LTV) available.
  • Eligible for first-time buyers, home movers.

Additional criteria for acceptance from the lender may apply.

Assumed application completion date of 28/02/2017. Repayment mortgage of £160,000 payable over 300 monthly repayments. Total amount payable £292,017 includes: Loan amount (£160,000); Interest (£130,279); Booking fee (£199); Application fee (£800); Valuation fee (£315); Legal fee (£299); Funds transfer fee (£0); Mortgage discharge fee (£125); Deeds release fee (£0); Fees are assumed to be paid up front and not included in the amount borrowed.
Rate type
Fixed 31/01/2019
Initial rate
1.44%then 3.74% (variable)
Fees
£980fees
Overall cost
3.4%APRC
Monthly cost
£635.40 for 24 months then £806.86 (variable)
for 276 months
Am I eligible?
Please make sure you at least meet the following criteria:
  • Resident of: England, Scotland, Wales, Northern Ireland
  • Aged 18 or older
  • 70 or younger at mortgage end
  • No repossessions
  • Available for existing borrowers switching deals only
  • Available for shared ownership
  • Up to 80.0% loan-to-value (LTV) available.

Additional criteria for acceptance from the lender may apply.

Assumed application completion date of 31/01/2017. Repayment mortgage of £160,000 payable over 300 monthly repayments. Total amount payable £238,923 includes: Loan amount (£160,000); Interest (£77,943); Application fee (£499); Valuation fee (£240); Legal fee (£126); Funds transfer fee (£35); Mortgage discharge fee (£80); Deeds release fee (£0); Fees are assumed to be paid up front and not included in the amount borrowed.
Rate type
Tracker 28/02/2019
Initial rate
1.44%then 3.74% (variable)
Fees
£1,480fees
Overall cost
3.4%APRC
Monthly cost
£635.40 for 24 months then £806.86 (variable)
for 276 months
Am I eligible?
Please make sure you at least meet the following criteria:
  • Resident of: England, Scotland, Wales
  • Aged 18 or older
  • 75 or younger at mortgage end
  • Available for existing customers only
  • Up to 80.0% loan-to-value (LTV) available.

Additional criteria for acceptance from the lender may apply.

Assumed application completion date of 28/02/2017. Repayment mortgage of £160,000 payable over 300 monthly repayments. Total amount payable £239,423 includes: Loan amount (£160,000); Interest (£77,943); Application fee (£995); Valuation fee (£450); Funds transfer fee (£35); Mortgage discharge fee (£0); Deeds release fee (£0); Fees are assumed to be paid up front and not included in the amount borrowed.
Rate type
Tracker 28/02/2019
Initial rate
1.44%then 3.74% (variable)
Fees
£1,480fees
Overall cost
3.4%APRC
Monthly cost
£635.40 for 24 months then £806.86 (variable)
for 276 months
Am I eligible?
Please make sure you at least meet the following criteria:
  • Resident of: England, Scotland, Wales
  • Aged 18 or older
  • 75 or younger at mortgage end
  • Up to 80.0% loan-to-value (LTV) available.

Additional criteria for acceptance from the lender may apply.

Assumed application completion date of 28/02/2017. Repayment mortgage of £160,000 payable over 300 monthly repayments. Total amount payable £239,423 includes: Loan amount (£160,000); Interest (£77,943); Application fee (£995); Valuation fee (£450); Funds transfer fee (£35); Mortgage discharge fee (£0); Deeds release fee (£0); Fees are assumed to be paid up front and not included in the amount borrowed.
Rate type
Tracker 28/02/2019
Initial rate
1.44%then 3.74% (variable)
Fees
£1,480fees
Overall cost
3.4%APRC
Monthly cost
£635.40 for 24 months then £806.86 (variable)
for 276 months
Am I eligible?
Please make sure you at least meet the following criteria:
  • Resident of: England, Scotland, Wales
  • Aged 18 or older
  • 75 or younger at mortgage end
  • Up to 80.0% loan-to-value (LTV) available.

Additional criteria for acceptance from the lender may apply.

Assumed application completion date of 28/02/2017. Repayment mortgage of £160,000 payable over 300 monthly repayments. Total amount payable £239,423 includes: Loan amount (£160,000); Interest (£77,943); Application fee (£995); Valuation fee (£450); Funds transfer fee (£35); Mortgage discharge fee (£0); Deeds release fee (£0); Fees are assumed to be paid up front and not included in the amount borrowed.
Rate type
Fixed 31/01/2019
Initial rate
1.44%then 4.74% (variable)
Fees
£1,472fees
Overall cost
4.2%APRC
Monthly cost
£635.40 for 24 months then £888.79 (variable)
for 276 months
Am I eligible?
Please make sure you at least meet the following criteria:
  • Resident of: England, Scotland, Wales
  • Aged 18 or older
  • 75 or younger at mortgage end
  • No repossessions
  • Up to 85.0% loan-to-value (LTV) available.
  • Eligible for first-time buyers, home movers.

Additional criteria for acceptance from the lender may apply.

Assumed application completion date of 31/01/2017. Repayment mortgage of £160,000 payable over 300 monthly repayments. Total amount payable £262,027 includes: Loan amount (£160,000); Interest (£100,555); Application fee (£995); Valuation fee (£270); Legal fee (£117); Funds transfer fee (£0); Mortgage discharge fee (£90); Deeds release fee (£0); Fees are assumed to be paid up front and not included in the amount borrowed.
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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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