Compare 50% LTV mortgages
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How do 50% mortgages work?
A 50% loan-to-value (LTV) mortgage means you borrow half the value of the property, while the other 50% comes from your own deposit. For example, if you're buying a home worth £240,000, you'd put down £120,000 and borrow the remaining £120,000.
Because you're putting down such a large deposit, lenders see 50 LTV mortgages as low risk. This typically gives you access to better interest rates than higher LTV deals, making 50 LTV mortgage rates UK some of the most competitive on the market.
Most 50 LTV mortgages are repayment mortgages, meaning your monthly payments include both interest and a portion of the loan. By the end of the term (often 25 years) you’ll own the property outright. You can choose shorter or longer mortgage terms depending on your needs.
A 50 LTV mortgage is ideal for buyers with a substantial deposit who want to secure low interest rates and reduce overall borrowing costs.
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Eligibility for a 50% LTV mortgage
To qualify for a 50% mortgage, you’ll need to meet the lender’s criteria, including:
Proof you can cover the 50% deposit
Sufficient income to pass affordability checks (typically 4–4.5x your salary)
A good credit rating
Low existing debts
Manageable regular outgoings
Consideration of child-related costs (e.g. school fees or maintenance)
Additional income, savings or investments that boost affordability
Even with a large deposit, your income must support the mortgage amount you’re applying for.
Fees for 50% mortgages
Arrangement fees
Valuation fees
Legal fees
Early repayment charges
Advantages and disadvantages of 50% LTV mortgages
50% LTV mortgages FAQs
Should I only look for a 50% LTV mortgage?
Not necessarily. How much you want to borrow will depend on your income, the deposit and also the type of property you want to buy.
You might decide you’re better off stretching yourself and getting a bigger mortgage, for instance, to get a house with an extra bedroom or garden.
Having a 50% deposit means you can choose from more mortgages, so you should find better deals.
How do I know how much equity I have in my property?
Equity is the value of your home minus your remaining mortgage. For example, if your home is worth £300,000 and you owe £80,000, you have £220,000 in equity.
With a 50% mortgage, you start with 50% equity. As you repay the loan or if your property value increases, through market changes or home improvements, your equity grows.
If house prices fall, your equity may decrease. You can ask your lender for an estimate, but if you’ve made major upgrades or suspect a big value change, it’s worth getting a professional valuation to get an accurate picture of your current equity.
Will mortgage rates be better if I have a bigger deposit?
Yes. Lenders usually offer better rates for lower LTV mortgages, so the bigger your deposit, the better rates you will normally get. Speak to a mortgage broker who can compare mortgage deals from as many lenders as possible to find the best rate.
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