How Can You Get a 95% Mortgage in Hull?

You have the option to secure a 95% mortgage through a mortgage broker in Hull like us, or by directly approaching a lender yourself. There are numerous pros and cons in a 95% mortgage application, including issues with the application itself, the property survey, valuations, and the conveyancing process. We strongly advise enlisting the help of a reputable mortgage broker in Hull to guide you through the process, which could save you time and money. The necessary documents for a 5% deposit mortgage include: Proof of income. Bank statements demonstrating responsible account management. Photo identification. Evidence of deposit for a new purchase. Credit report detailing any registered debts and their dates. Information on current credit obligations such as loans and credit cards. With 95% mortgages in Hull, the lender is assuming a significant amount of risk, so a comprehensive application process is required. Additional documents may be needed depending on your specific circumstances.

What is a 95% Mortgage in Hull?

A 95% mortgage means you’re borrowing 95% of the property’s value. You’ll have to put down at least a 5% deposit to buy the property, with the rest funded by a mortgage. Consider this example of a 95% mortgage: For a property costing £200k. You’ll need to provide a £10k deposit, which is 5%, from either savings or a gift. You’ll then request a £190k mortgage to cover the remaining 95% of the property’s price, and you’ll pay this off monthly over the typical 30-year term for first-time homebuyers. If you can afford more than a 5% deposit, you might want to look into 90% loan-to-value (LTV) mortgages to potentially lower your monthly payments.

Who Offers 95% Mortgages in Hull?

Many banks provide 95% mortgages to new buyers, individuals moving homes, and those seeking to remortgage to raise funds for various reasons. Banks that provide 95% mortgages have unique affordability assessments and criteria. Thus, it is beneficial to consult with a knowledgeable mortgage broker in Hull to assist you in finding the most suitable deal for your specific circumstances. Additionally, there are 95% mortgage lenders that offer options to individuals with poor credit and self employed individuals to aid first time buyers in Hull in acquiring their first property.

95% LTV Mortgages in Hull | 5% Deposit Mortgages

What are 95% mortgages in Hull?

A 95% mortgage enables first time buyers or existing homeowners in Hull, to acquire a property with just a 5% deposit, with the lender covering the remaining 95%.

For first time buyers in Hull, a 95% mortgage is particularly appealing as it allows them to buy a home without needing to save up the standard 10-15% deposit.

For instance, if you’re buying a property worth £200k, you’d need to put down a 5% deposit of £10k, then apply for a 95% mortgage of £190k to cover the cost.

95% mortgages are also accessible to homeowners who wish to remortgage to access equity for various reasons.

Can You Get a 95% Mortgage in Hull?

Determining your eligibility for a 95% mortgage will depend on various criteria:

Your earnings and job stability.
The nature and build of the property.
Current financial obligations, including personal, auto, and credit card debts.
Your credit history and how you manage your accounts.

Securing a 95% mortgage with just a 5% deposit can prove challenging without the help of a expert mortgage advisor in Hull. Additionally, interest rates for 95% mortgages are typically higher compared to those with lower LTV ratios, reflecting the heightened risk for the lender.

Our 95% mortgage advice in Hull service

We’ve helped many first-time buyers, home movers, and existing property owners get 95% mortgage deals with only a 5% deposit.

Joint ownership 95% mortgages.
Single ownership 95% mortgages.
Options for first time buyers in Hull, home movers or capital raising.

As part of our service, we’ll let you know how much you can borrow on a mortgage, how much the payments will be per month, and produce a mortgage agreement in principle document.

Speak to an Advisor

Important information

Your home may be repossessed if you do not keep up repayments on your mortgage.

There may be a fee for mortgage advice. The fee is up to 1% but a typical fee is £495.

Popular 95% Mortgages FAQs in Hull

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168 5 Star Reviews

Hayley Robertson

Cannot recommend Hullmoneyman enough. I have used them for years and they are always so helpful and thorough. They make the remortgage process so simple. All the team are really friendly and go above and beyond for you. Thank you so much.

13 Apr 2026

Joe Moore

Excellent service from start to finish. The whole process has been made really easy and stress-free. Warren and Paula have both been especially helpful, responsive, and great to deal with throughout. Highly recommend.

25 Mar 2026

Onyinye Christiana Agbasi

Tom and Paula were very helpful. Kept me updated throughout, Answered all my questions promptly. Outstanding support I received from them.Will really recommend anytime.

18 Mar 2026

Emma Bannigan

I really can’t recommend enough. We were on a time crunch and had to move quickly which was understood! The advice and check ins that came when we experienced problems and delays really helped settle my mind. Thank you!

17 Mar 2026

Charlotte Charlie Chaz

Go back to Leo at UKmoneyman time and time again. Professional, friendly, all staff so helpful. And Leo is incredible! Thanks again. Could not recommend enough!

16 Mar 2026

Callum Lenton

Great and fast service, very commutative and worked me through every step very easily and was approved from a lender less than 10 days later, extremely happy and was stress free

17 Feb 2026

Hulltiger Reefing (HullTiger86)

Brilliant service through out from Dinah H and Jo P. Made renewing our mortgage really simple. Second time we have used hull money man, as they arranged our initial mortgage. Would definitely recommend them and will use them again in 5 years.

12 Feb 2026

Angie Robinson

I’ve had an outstanding experience with Hull Moneyman helping me renew my mortgage. Their team is knowledgeable, professional, and was truly committed to helping me find the best financial solutions. Communication was always quick and clear, and they went above and beyond to ensure every detail was handled efficiently. I highly recommend Hull Moneyman to anyone looking for trustworthy and expert brokerage services — definitely a five-star experience

6 Feb 2026

Monika Marcinkowska

I am so glad that I had been advised to use the hull money man as a mortgage advisor. From the first days they were amazing, straight forward, easy, very friends and clear with the language even for a first time buyer like me. Chris included all my needs in the application and I didn’t even expect that I would get anything better than what I got. He was my sense of direction and I am grateful to have had him. Thank you again to Chris and Jo, I will definitely recommend them to anyone buying their first property without any stress or hassle.

3 Dec 2025

Elvis Alen Dragoi

Jason and Lizzi were brilliant. It was our first mortgage and they made our life much more easier than we thought. Great service. Thank you very much.

17 Oct 2025

Our Simple 4-Step Process

Book Online

When you book your free initial mortgage appointment, you’ll have the opportunity to speak with a mortgage advisor in Hull.

You can book your free initial mortgage appointment online or by giving a member of the team a call!

Free Initial Mortgage Appointment

During your free initial mortgage appointment, our team of mortgage advisors in Hull will ask you a series of questions to try and find the most suitable mortgage option for you.

We will also obtain your mortgage agreement in principle (AIP). Armed with the AIP, you can confidently make offers on properties.

Finding a Suitable Product

Our team will search through 1000s of mortgages to find the perfect 95% mortgage deal for you in Hull.

Once you are happy with the mortgage product we have found you and you have had an offer on a property accepted, we can begin the mortgage application process!

Submit Your Application

From here in the process, you will work alongside a dedicated case manager. They will make sure that you have all of the correct documents at the ready to support your mortgage application.

Once we are ready, we can send your mortgage application off to the mortgage lender. All that is left to do now is to wait for the response back.

Reasons to Choose Us

Free Initial Appointment in Hull

Contact us and arrange a free initial mortgage appointment with one of our mortgage advisors in Hull at your convenience.

During this appointment, your expert mortgage advisor in Hull will guide you through the mortgage process, answering all your burning questions and understanding your unique circumstances.

Search 1000s of products

We’re able to search to through 1000s of 95% mortgage products to find the most suitable mortgage product for you.

Our mission goes beyond simply finding you the ideal mortgage; our dedicated team is here to provide unwavering support throughout the entire process.

Our Service

As your mortgage broker in Hull, we offer a personalised and supportive service, understanding each client’s unique needs and providing tailored solutions.

We understand the excitement and challenges that come with buying your first home, and we are here to support you every step of the way.

7 Days a Week

Our team of experienced mortgage advisors in Hull are available day and night, ready to provide you with the reliable 95% mortgage advice in Hull you need.

No matter the time, we are just a phone call away, ensuring that you can reach us at your own convenience. With our dedicated team by your side, you can trust that you are in good hands.

Malcolm and Amy Davidson - Mortgage Advice in Newcastle

We Search 1000s of 95% Mortgage Deals in Hull

The Home Buying App

Our Home Buying App is a digital mortgage coach designed to help you save up, plan, and track your home buying journey – whether you’re buying your first home, or fancy a move.

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Hullmoneyman is a trading name of UKMM Limited, which is an appointed representative of Mortgage Advice Bureau (Derby) Limited, who are authorised and regulated by the Financial Conduct Authority.

UKMM Limited is Registered in England, No. 16541342 | Registered Address: Capital House, Pride Place, Pride Park, Derby, England, DE24 8QR.

95% LTV Mortgages in Hull