closedownarrowlogo-verticalmenu-barsearch Skip to main content

85% Loan to Value (LTV) Mortgages

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

85 %

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.

Loading
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
Fixed 30/06/2019
Initial rate
1.44%then 3.69% (variable)
Fees
£1,301fees
Overall cost
3.4%APRC
Monthly cost
£635.40 for 24 months then £802.88 (variable)
for 276 months
Am I eligible?
Please ensure you meet these criteria:
  • Are resident of England, Scotland, Wales, Northern Ireland
  • Are older than 18
  • Have no CCJs, arrears, defaults, bankruptcies, repossessions

Additional criteria may apply

Repayment mortgage of £160,000 with 300 monthly repayments. Total amount payable £238,145: Interest (£76,844); Booking fee (£99); Application fee (£650); Valuation fee (£227); Legal fee (£295); Funds transfer fee (£30); Fees are assumed to be paid up front and not included in the amount borrowed. Costs based on assumed completion date of 30/06/2017.
Rate type
Fixed 30/06/2019
Initial rate
1.44%then 3.69% (variable)
Fees
£1,551fees
Overall cost
3.4%APRC
Monthly cost
£635.40 for 24 months then £802.88 (variable)
for 276 months
Am I eligible?
Please ensure you meet these criteria:
  • Are resident of England, Scotland, Wales, Northern Ireland
  • Are older than 18
  • Have no CCJs, arrears, defaults, bankruptcies, repossessions

Additional criteria may apply

Repayment mortgage of £160,000 with 300 monthly repayments. Total amount payable £238,395: Interest (£76,844); Booking fee (£99); Application fee (£900); Valuation fee (£227); Legal fee (£295); Funds transfer fee (£30); Fees are assumed to be paid up front and not included in the amount borrowed. Costs based on assumed completion date of 30/06/2017.
Rate type
Fixed 27/04/2019
Initial rate
1.44%then 3.69% (variable)
Fees
£1,707fees
Overall cost
3.4%APRC
Monthly cost
£635.40 for 24 months then £802.88 (variable)
for 276 months
Am I eligible?
Please ensure you meet these criteria:
  • Are resident of England, Scotland, Wales, Northern Ireland
  • Are older than 18 and younger than 75 at mortgage end
  • Have no CCJs, arrears, defaults, bankruptcies, repossessions

Additional criteria may apply

Repayment mortgage of £160,000 with 300 monthly repayments. Total amount payable £238,551: Interest (£76,844); Booking fee (£1,450); Valuation fee (£227); Funds transfer fee (£30); Fees are assumed to be paid up front and not included in the amount borrowed. Costs based on assumed completion date of 27/04/2017.
Rate type
Discounted 30/06/2020
Initial rate
1.49%then 5.7% (variable)
Fees
£1,422fees
Overall cost
4.8%APRC
Monthly cost
£639.15 for 36 months then £956.89 (variable)
for 264 months
Am I eligible?
Please ensure you meet these criteria:
  • Are resident of England, Wales
  • Are older than 21 and younger than 70 at mortgage end
  • Have no arrears, bankruptcies, repossessions

Additional criteria may apply

Repayment mortgage of £160,000 with 300 monthly repayments. Total amount payable £277,049: Interest (£115,628); Booking fee (£299); Application fee (£800); Legal fee (£118); Funds transfer fee (£25); Mortgage discharge fee (£150); Deeds release fee (£30); Fees are assumed to be paid up front and not included in the amount borrowed. Costs based on assumed completion date of 30/06/2017.
Rate type
Discounted 30/06/2019
Initial rate
1.49%then 5.7% (variable)
Fees
£1,422fees
Overall cost
5.1%APRC
Monthly cost
£639.15 for 24 months then £971.83 (variable)
for 276 months
Am I eligible?
Please ensure you meet these criteria:
  • Are resident of England, Wales
  • Are older than 21 and younger than 70 at mortgage end
  • Have no arrears, bankruptcies, repossessions

Additional criteria may apply

Repayment mortgage of £160,000 with 300 monthly repayments. Total amount payable £284,987: Interest (£123,566); Booking fee (£299); Application fee (£800); Legal fee (£118); Funds transfer fee (£25); Mortgage discharge fee (£150); Deeds release fee (£30); Fees are assumed to be paid up front and not included in the amount borrowed. Costs based on assumed completion date of 30/06/2017.
Rate type
Discounted 30/06/2019
Initial rate
1.5%then 4.74% (variable)
Fees
£1,605fees
Overall cost
4.3%APRC
Monthly cost
£639.90 for 24 months then £889.26 (variable)
for 276 months
Am I eligible?
Please ensure you meet these criteria:
  • Are resident of England, Wales
  • Are older than 18 and younger than 76 at mortgage end
  • Have no repossessions

Additional criteria may apply

Repayment mortgage of £160,000 with 300 monthly repayments. Total amount payable £262,398: Interest (£100,793); Application fee (£895); Valuation fee (£380); Legal fee (£150); Funds transfer fee (£25); Mortgage discharge fee (£155); Fees are assumed to be paid up front and not included in the amount borrowed. Costs based on assumed completion date of 30/06/2017.
Rate type
Fixed 31/08/2019
Initial rate
1.52%then 4.74% (variable)
Fees
£1,472fees
Overall cost
4.3%APRC
Monthly cost
£641.40 for 24 months then £889.42 (variable)
for 276 months
Am I eligible?
Please ensure you meet these criteria:
  • Are resident of England, Scotland, Wales
  • Are older than 18 and younger than 75 at mortgage end
  • Have no repossessions

Additional criteria may apply

Repayment mortgage of £160,000 with 300 monthly repayments. Total amount payable £262,344: Interest (£100,872); Application fee (£995); Valuation fee (£270); Legal fee (£117); Mortgage discharge fee (£90); Fees are assumed to be paid up front and not included in the amount borrowed. Costs based on assumed completion date of 31/08/2017.
Rate type
Fixed 31/07/2019
Initial rate
1.52%then 5.34% (variable)
Fees
£1,973fees
Overall cost
4.9%APRC
Monthly cost
£641.40 for 24 months then £940.64 (variable)
for 276 months
Am I eligible?
Please ensure you meet these criteria:
  • Are resident of England, Scotland, Wales, Northern Ireland
  • Are older than 18 and younger than 75 at mortgage end
  • Have no repossessions

Additional criteria may apply

Repayment mortgage of £160,000 with 300 monthly repayments. Total amount payable £276,984: Interest (£115,011); Application fee (£1,495); Valuation fee (£270); Legal fee (£118); Mortgage discharge fee (£90); Fees are assumed to be paid up front and not included in the amount borrowed. Costs based on assumed completion date of 31/07/2017.
Rate type
Fixed 31/05/2019
Initial rate
1.53%then 3.74% (variable)
Fees
£1,480fees
Overall cost
3.5%APRC
Monthly cost
£642.16 for 24 months then £807.50 (variable)
for 276 months
Am I eligible?
Please ensure you meet these criteria:
  • Are resident of England, Scotland, Wales, Northern Ireland
  • Are older than 18
  • Have no repossessions

Additional criteria may apply

Repayment mortgage of £160,000 with 300 monthly repayments. Total amount payable £239,762: Interest (£78,282); Application fee (£999); Valuation fee (£240); Legal fee (£126); Funds transfer fee (£35); Mortgage discharge fee (£80); Fees are assumed to be paid up front and not included in the amount borrowed. Costs based on assumed completion date of 31/05/2017.
Rate type
Fixed 31/08/2019
Initial rate
1.53%then 4.74% (variable)
Fees
£2,055fees
Overall cost
4.4%APRC
Monthly cost
£642.16 for 24 months then £889.49 (variable)
for 276 months
Am I eligible?
Please ensure you meet these criteria:
  • Are resident of England, Scotland, Wales
  • Are older than 18 and younger than 75 at mortgage end
  • Have no repossessions

Additional criteria may apply

Repayment mortgage of £160,000 with 300 monthly repayments. Total amount payable £262,967: Interest (£100,912); Application fee (£1,695); Valuation fee (£270); Mortgage discharge fee (£90); Fees are assumed to be paid up front and not included in the amount borrowed. Costs based on assumed completion date of 31/08/2017.
Show more

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

Frequently asked questions

85% 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 85% loan-to-value

An 85% loan-to-value mortgage means your total borrowing is 85% of your property value. The remaining 15% is the deposit you put forward.

A higher loan-to-value ration typically means higher interest rates, as the lender takes on a greater risk.

It is also more expensive for the borrower over the lifetime of the mortgage as not only is the interest rate higher, but the total amount to be paid back is also higher.

Therefore an 85% mortgage will usually be more expensive than an 80% mortgage of the same amount, but cheaper than a 90% mortgage.

Can I afford 85% loan-to-value?

What you can afford from a mortgage is largely determined by what you can afford to put forward as a deposit and what you can afford to pay back each month, but not exclusively.

When taking out a mortgage you should always leave yourself some wiggle room – typically 5% to 10% is advised – to account for extra and unexpected costs.

For instance, if you property is over the threshold you will have to pay stamp duty. There are also solicitor and mortgage arrangement fees to consider, as well any potential repairs you may have to undertake (such as repairing a boiler or a leaky roof).

Looking for a different LTV?

uSwitch is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide this mortgage comparison service.

uSwitch services are provided at no cost to you, but we may receive a commission from the companies we refer you to.