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Apply for a 95% LTV mortgage today


If you’re looking for a 95% 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 066 655

What is a 95% LTV Mortgage?


95% 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.

95% LTV mortgage allows you to buy a home with just a 5% deposit, usually this type of mortgage will allow you to get onto the property ladder quicker, as this will reduce the amount you will need to have in savings. 

A simple example of this is, if you’re purchasing a property costing £100,000, you’d put down a deposit of £5,000. That would mean you’d take out a 95% mortgage for the remaining £95,000. (£95,000 plus £5,000 equals £100,000)

Although a smaller deposit can be very beneficial in getting onto the ladder quickly compared to larger loan to value mortgages, it does typically mean that your choice of mortgages will be more limited.

Can I have a 95% LTV Mortgage?


Obtaining a 95% LTV mortgage, typically require you having an excellent credit rating & meeting the lenders criteria.

A good start to checking if you're eligible is using a mortgage calculator, this will usually give you an idea if you can borrow.

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 a 95% mortgage.

Government 95% mortgage guarantee scheme


In the Spring Budget 2021 the government announced a new 95% mortgage guarantee scheme. The scheme enables homebuyers to secure a mortgage with a 5% deposit, with the government underwriting 95% mortgage loans.

The scheme may be beneficial if you:

  • Are buying a property that will be your only home
  • Are applying for a single or joint mortgage
  • Have a deposit of between 5% and 9.99%

The scheme will not be suitable if you are:

  • Buying a property with a value above £600,000
  • Buying a new-build property
  • Buying a second home, or a buy-to-let property
  • Buying a commercial property
  • Applying for an interest-only mortgage
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What our customers say about us

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

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

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 service, quick turnaround, as promised. Will be using again and again. Would highly recommend Blossomfield Mortgages.

James Dean

Blossomfield Mortgages are brilliant mortgage brokers in Birmingham, they have helped me with various mortgages. They are friendly, quick, efficient and very helpful with giving advice. I even had my first mortgage offered within less than a week!

Hope Rowe-Hartman

What our customers say about us

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Frequently asked questions...

How much deposit do I need to get a mortgage?

This will depend on the mortgage lender and your individual circumstances. Typically, the minimum deposit required to obtain a mortgage is 5% of a property value. Government schemes such as Help to Buy, Right to Buy or shared ownership can help you access a mortgage with a lower deposit and competitive rates.

Many lenders will ask for a 10% deposit or more and reserve the best rates for borrowers with a deposit of 25% or more.

A general rule is that the bigger the deposit you have, the cheaper the mortgage deals you will be able to access. This is because lenders can afford to offer cheaper rates to borrowers with larger deposits, as big deposits reduce their risk of losing money if you don't keep up your repayments.

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If I get a mortgage in principle with a lender, can I apply to a different lender if a better product comes up before my application?

Yes, a mortgage in principle will tell you whether your credit score is good enough at that specific time to allow a mortgage application, and the level of borrowing the lender may be willing to lend based on the information provided. You are not obliged to use that lender, and your mortgage broker will review this when it's time to submit a final application to ensure you are receiving the best advice.

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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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