95% mortgages
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Your home may be repossessed if you do not keep up repayments on your mortgage.
What is a 95% mortgage?
A 95% mortgage is also known as a 95% loan to value (LTV) mortgage. It means you can borrow 95% of the value of a property. So your deposit only needs to be 5%.
Find a mortgage rate
Use our mortgage rate finder to search for a rate that suits you.
Our mortgage rate finder can help if you’re a new YBS mortgage customer thinking of:
Buying your first home
Moving home
Moving your mortgage to YBS (remortgaging).
We don’t offer mortgages on:
Buy-to-let properties.
How to get a mortgage
Get a Decision in Principle (DIP)
Get a Decision in Principle (DIP) to find out how much you could borrow. Choose how to get a DIP below.
You may need a DIP to make an offer on a home.
You may need a DIP to make an offer on a home.
Apply for a mortgage
Complete a full application online or over the phone.
Get your mortgage offer
We'll value your home and check your credit history. Then we'll be in touch within 15 working days.
Complete
Once the legal work is complete, you'll exchange contracts and set a completion date.
This is when you'll get the keys to your new home.
This is when you'll get the keys to your new home.
Get a Decision in Principle
Apply online
Instant decision
Valid for 90 days
Doesn't affect your credit score
Find out if you can apply online and start our 10 minute application.
Speak to an expert
Talk to our mortgage specialists.
0345 166 9510
Calls to 03 numbers are charged at the same rate as 01 or 02 numbers from all phones.
How does a 95% mortgage work?
To get a 95% mortgage, you need to have a 5% deposit. For example, if you wanted to buy a £300,000 home:
£300,000 =
Property
£15,000
5% deposit
+
£285,000
95% mortgage
Learn more about mortgages
Find more about first time buyer mortgage in our helpful guide, including:
Key steps in the home-buying journey.
A quick guide to mortgages.
Tips on how to work out what you can afford.
Is a 95% mortgage right for me?
You only need a 5% deposit.
It’s available for first time buyers, home movers and remortgages.
You could borrow between £50,000 and £600,000 if you meet our lending criteria.
Things to consider with a 95% mortgage
Interest rates can be higher than other mortgages.
There is a higher risk of your home falling into negative equity. This is when the value of your home falls below what you still owe on a mortgage.
Early repayment charges apply and other fees and charges may apply.
How much can I borrow?
Our borrowing calculator can tell you how much we may be able to lend to you.
Call us
Chat to our mortgage specialists about your options.
Calls to 03 numbers are charged at the same rate as 01 or 02 numbers from all phones.
Book an appointment
Book an appointment and we'll call you back.