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Apply for an 85% LTV mortgage today

If you’re looking for an 85% mortgage, Blossomfield has access to thousands of mortgages products to help you find the right deal for your needs & circumstances.

Our expert mortgage advisers are on hand to advise you every step of the way.

Right from the moment you're assigned your own personal mortgage expert, they will support you through the lender's application process, completing all the necessary legwork on your behalf.

Want to know more? Call one of our expert advisers today on 0345 066 6555

What is an 85% LTV Mortgage?

85% Loan to value (LTV) is the percentage of the properties value you will need to put down, as a deposit or the equity will need to have in the property if you are remortgaging.

85% LTV mortgage allows you to buy a home with just a 15% deposit or 15% equity in a current property if you’re looking to remortgage.

A simple example of this is, if you’re purchasing a property costing £100,000, you’d put down a deposit of £15,000. That would mean you’d take out an 85% mortgage for the remaining £85,000. (£85,000 plus £15,000 equals £100,000)

Can I have an 85% LTV Mortgage?

Anybody can apply for an 85% LTV mortgage, but there's no guarantee you’ll typically need a good credit rating & will also need to meet the lenders criteria.

Blossomfield mortgage advisers are experts at matching you to the correct mortgage options based on your needs & circumstances, get in touch today to see if you are eligible for an 85% mortgage.

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What our customers say about us

Contacted Blossomfield Mortgages in regards to a mortgage application. The service I received was both professional and quick. I have recommended Blossomfield to friends that are in the same situation I was and would do so again.

Karl Jones

Amazing service provided by Blossomfield in a quick and timely manner. No matter what questions we had they were always willing and happy to answer with their wide knowledge and experience. Would recommend Blossomfield to anyone.

Geraldene Marsh

Blossomfield mortgages were very helpful to me and my partner when we first enquired about whether we were mortgageable to buy our first home. We were very impressed with their professionalism. Best mortgage broker in Birmingham!

Sam Ansell

Blossomfield Mortgages provided fantastic advice. Our mortgage approval went through very fast, as our mortgage was handled with the utmost urgency. From start to finish, the whole process was a breeze. We sat back and let them handle all the hard work.

Lewis Jewsbury

Excellent informative and professional service would definitely use again and wouldn’t hesitate to recommend Blossomfield Mortgages.

Melissa Smyth

Very friendly, helpful and knowledgeable. I will definitely use their services again and would highly recommend Blossomfield Mortgages.

Lynette Richards

What our customers say about us

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Frequently asked questions...

How much can I borrow for my new mortgage?

How much you can borrow is down to your individual affordability, taking into account your income and outgoings. Lenders will also look at your credit score and any financial commitments you currently have. Our mortgage brokers will always advise you on the lender(s) who can offer you the most suitable and affordable mortgages.

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Will I be charged for paying off my mortgage early?

That will depend on what kind of product you chose when you took out your existing mortgage.

Most mortgage lenders charge an early repayment fee if you decide to pay a lump sum or clear the whole balance of your mortgage. These fees are typically due when you have entered into a fixed-period mortgage.

Repayment mortgages will usually allow you to make overpayments each month. Overpayments are normally allowed up to 10% above your standard monthly payment. However, this will depend on each particular mortgage plan and its terms.

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My house has increased in value. Can I increase the borrowing on my mortgage?

Yes, this is known as releasing equity, but your lender will need to make sure it fits their affordability and credit scoring criteria. This can be achieved in a number of ways, but the two most popular are:

A further advance is where you are looking to borrow more money from your current mortgage lender. This is typically at a different rate to your main mortgage. This route can make sense if your lender's further advance is competitive or your existing mortgage provider has high early repayment charges.

A re-mortgage is a popular way to make savings on your monthly mortgage payments or raise funds quickly. Whether you want a better deal, fresh terms or to borrow more money, we’ll help you make the switch with ease.

Whatever the chosen outcome, our expert mortgage brokers will ensure you get the best rate on your new mortgage, so you can be sure your new repayments meet your current financial goals.

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Frequently asked questions...

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