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Information on our low deposit mortgages

95% mortgages

NatWest mortgages are available to over 18s. Your home may be repossessed if you do not keep up repayments on your mortgage.

What is a 95% mortgage?

  • A 95% mortgage, also known as a 95% loan‑to‑value (LTV) mortgage, lets you buy a home with a small deposit.
    You’ll need a deposit of at least 5% but less than 10% of the property value.
  • Your deposit is the money you put in yourself.
    Your mortgage covers the rest, so together they add up to the full value of the home.

Here are some simple examples to show what a 5% deposit looks like at different home values:

Home value 5% deposit
£150,000 £7,500
£200,000 £10,000
£300,000 £15,000
£500,000 £25,000

Am I eligible to apply for a 95% mortgage?

This mortgage is available to first time buyers or home movers. Along with the normal mortgage checks, to be eligible, the mortgage must be:

  • for a property valued no more than £600,000
  • on a property not classed as a new build property
  • a loan-to-value (LTV) of between 91% and 95%
  • a deposit between 5-9%
  • a residential mortgage (i.e. not a buy-to-let property)
  • a repayment mortgage and not an interest-only mortgage.
Get an Agreement in Principle Open in new window

How to apply for a 5% deposit mortgage

You can either apply online, over the phone or by video call.

Before you apply for a 95% mortgage, you’ll first need an Agreement in Principle, which takes less than 10 minutes.

Then, if you're confident in your choice of mortgage and happy to take responsibility for the mortgage you've chosen, you can apply online or, if you'd like some advice, you can book an appointment with one of our mortgage professionals.

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Call us now on: 0800 096 9527

Opening hours: Mon-Fri 8am-6pm, Sat 9am-4pm, Sun Closed. Excluding public holidays.

Relay UK: 18001 0800 096 9527

Buying your first home?

It can be daunting when you are looking to buy your first home. There are lots of things to think about and consider.

Why not take a look at our first time buyer guide to help get you on the path to buying your own home.

95% mortgage common questions

Mortgage help and support

Read our mortgage guides Open in new window
Compare mortgages Open in new window
Mortgage calculators Open in new window
What you need when applying Open in new window

Need some help?

Call us

We're on hand to arrange a phone or video call with one of our qualified mortgage professionals. We can also help with any general queries about the process. 

Call us on ${dn-0800 096 9527} 

Relay UK: 18001 0800 096 9527

Opening hours: Mon-Fri 8am-6pm, Sat 9am-4pm, Sun Closed. Excluding public holidays.

Buy to Let? We only provide Buy to Let mortgages online for small portfolio landlords.

  • Please use our tools and guidance designed to help you complete your mortgage application online.
  • We do not provide advice on Buy to Let mortgages but if you need technical help with your online application, get in touch so we can provide support.
  • If you are not a small portfolio landlord, or you wish to apply with a mortgage professional, NatWest Buy to Let mortgages are available via mortgage brokers.