The lowest deposit usually accepted by lenders is 5% of the propertyās value.
For a £200,000 home, that works out to a £10,000 deposit.
These are often referred to as 95% loan-to-value mortgages. Low deposit mortgages in Bristol are popular with first-time buyers and those who might not have large savings, especially in a city where house prices can be challenging.
While a 5% deposit can get you on the ladder, increasing your deposit to 10% or more might open up a wider choice of lenders and better rates.
Our mortgage advisor in Bristol can help you explore what’s achievable based on your budget.
Yes, itās definitely possible to get a mortgage with a small deposit.
There are several options for low deposit mortgages in Bristol, whether youāre buying a new-build or looking at an existing property.
Government-backed schemes like the Mortgage Guarantee Scheme have encouraged lenders to support 95% mortgages, while Deposit Unlock is aimed at buyers purchasing new-build homes.
If you’re unsure where to begin, it’s worth speaking with a expert mortgage broker in Bristol such as ourselves.
We’ll help you understand which lenders are offering these types of mortgages and what you might be eligible for.
They usually are, mortgages with smaller deposits often carry slightly higher interest rates because lenders see them as higher risk.
That said, plenty of competitive deals still exist for low deposit mortgages in Bristol, especially with the support of schemes that help reduce lender risk.
Even a small increase in your deposit can make a noticeable difference to the rate you’re offered.
With our expert mortgage advice in Bristol, we’ll know which lenders are offering the most competitive options for your deposit level, helping you compare what’s out there and plan for what your repayments could look like.
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.
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As first-time buyers, we had very little knowledge of the mortgage process and found it quite daunting, especially with rising interest rates and uncertainty in the property market. Weāre extremely grateful to Dinah and Jo for their support and would highly recommend UK Moneyman to any first-time buyer looking for a professional, knowledgeable and supportive mortgage broker.
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Jade Wilmot
As first-time buyers, we had very little knowledge of the mortgage process. We changed properties along the way, and our circumstances made the mortgage process more complex than we initially expected. Dinah and Jo were absolutely brilliant throughout. We would definitely recommend UK Moneyman to anyone looking to set up a mortgage.
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First class service. Jason and Lizzie helped me immensely getting a good mortgage quickly when I found myself separated. They pulled out all the stops and even spoke to me after hours. Excellent and would highly recommend. I canāt thank them enough. I now have my dream home
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Chloe Gathergood
Paula and Jason have been so helpful in getting our first mortgage sorted. They were quick to answer any questions and very helpful with their advice. Thank you very much
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Rebecca Joy
Leo and Lizzi were exceptionally helpful. Leo gave us great advise, not just on products available, but on things like bidding on properties, whether we were likely to be approved for more complicated properties etc. Lizzi was very communicative and thorough in processing our application, and after our first sale fell through we didn't hesitate to use UK Moneyman again. Thanks so much to Leo and Lizzi!
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Very helpful and informative. Made the process as easy as possible. Would recommend to other
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Barry Hall
I had a financial issue that I thought was pretty unique to myself. The help and solution to my financial question has been exceptional in every step of the way. A big thank you to Warren and Joe for all of your patience and technical expertise.
14 Oct 2026
Megan Whitlock
The team working with my profile were amazing, I was in constant communication with them, if I emailed and rang someone responded quickly and they were able to secure my mortgage within 6 weeks from my initial meeting which saved me a lot of messing around and stress. Great service thank you
14 Oct 2026
Linda Chadwick
Amazing company very helpful and patient fantastic staff at the Hull branch nothings to much trouble sorted me a morgage out quickly and efficient i would recommend them 100%
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Natalie Rose
Weāve had Elaine Tiernan as our mortgage advisor and she has helped us out so much in the process of being approved with our first mortgage. From working around our working hours to arrange phone calls and online teams meetings to being prompt to respond to our enquiries. Elaine has been nothing but helpful, professional and supportive in our journey this far and we are very grateful to have had her as our mortgage advisor. Thank you to Paula aswell for always checking up on us and ensuring the process was as smooth as possible. Natalie and Liam
13 Oct 2026

Once we understand your situation, weāll explain what options are out there for low deposit mortgages in Bristol and which lenders are currently offering suitable deals.
Youāll get a clear picture of whatās possible based on your income, deposit, and property type.

Once weāve worked through your numbers, weāll help you secure an Agreement in Principle.
This shows estate agents and sellers that youāre serious and financially prepared.
It also gives you confidence to start viewing properties knowing your mortgage application is backed by a lender.

When youāve found a place, weāll handle the full application from start to finish.
Whether it’s dealing with the lender, chasing paperwork or working alongside your solicitor, our mortgage advisors in Bristol stay on top of everything so you donāt have to.

Once your mortgage offer is approved, youāre nearly there. Weāll help guide things through to completion and keep you updated along the way.
The aim is simple, to get you into your new home as smoothly as possible, with the right mortgage behind you.
We offer a free initial appointment with one of our mortgage advisors in Bristol, giving you the chance to ask questions and explore your options without any pressure.
Whether youāre just starting out or already house hunting, this is a great way to understand what you could borrow and what kind of deals are available with your deposit.
If your deposit is smaller, you need advice thatās tailored not off-the-shelf solutions.
We focus on low deposit mortgages in Bristol every day, and we know which lenders are more open to smaller deposits, how to structure an application properly, and how to improve your chances of being approved.
You wonāt be passed around or left to figure things out on your own.
Our mortgage advisors in Bristol are here from your first enquiry all the way through to completion.
Weāll stay in touch, explain everything clearly, and take the pressure off when it comes to dealing with lenders and paperwork.
As a mortgage broker in Bristol, we work with a wide panel of lenders.
That means we can search across different deals and pick out the ones that work best for your deposit size, credit history, and long-term plans.
You wonāt have to go from bank to bank, weāll do the searching for you.
Our Home Buying App is a digital mortgage coach designed to help you save up, plan, and track your home buying journey ā whether youāre buying your first home, or fancy a move.
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