Zopa Bank
Challenger BankZopa Bank, originally a pioneer in peer-to-peer lending, transitioned to a fully licensed bank offering residential mortgages alongside savings and credit products. Their technology-driven approach enables competitive pricing and a streamlined digital application process for homebuyers.
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Lending Focus
Zopa Bank offers mortgage products across 1 categories including Residential.
Key Features
- Digital-first mortgage application with smart technology
- Competitive residential rates up to 90% LTV
- Available direct to consumer and via brokers
- Founded as a fintech pioneer with strong tech DNA
- Streamlined process with quick decisions
Pros & Cons
Pros
- Digital-first approach with smart technology for fast decisions
- Competitive residential rates up to 90% LTV
- Strong fintech heritage — pioneers in alternative finance
- Available direct and through brokers for flexibility
Cons
- –No buy-to-let, bridging, or specialist products
- –Residential only — limited product range
- –No physical branches for face-to-face service
Fees & Charges
Arrangement Fee
No arrangement fee on most products
Valuation Fee
Free valuation on selected products — otherwise varies by property value
Early Repayment Charge
Typically 1–5% depending on product and remaining fixed term
Overpayment Allowance
Up to 10% of outstanding balance per year
Mortgage Rates
Rate data coming soon
We're working on adding live mortgage rate information for Zopa Bank. In the meantime, visit their website for the latest rates.
View rates on Zopa BankApplication Process
Processing Time
2–4 weeks from application to offer
Online DIP
Yes — available online
Offer Valid For
6 months from date of offer
Lending Criteria
Maximum LTV
90%
Frequently Asked Questions
Is Zopa Bank the same as the old Zopa peer-to-peer lender?
Does Zopa Bank offer buy-to-let mortgages?
What is the maximum LTV for a Zopa mortgage?
Can self-employed borrowers apply to Zopa Bank?
How to Apply
Direct & Broker Access
You can apply directly with Zopa Bank or through a mortgage broker. Using a broker gives you access to the whole market and may secure better terms. Find a broker
Contact Information
Need a Zopa Bank Broker?
Find FCA-regulated mortgage brokers who have Zopa Bank on their lender panel.
Find a BrokerRegulatory Status
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Important: Your home may be repossessed if you do not keep up repayments on your mortgage. Information on this page is for general guidance only and does not constitute financial advice. Always verify lender details directly and seek independent advice before making financial decisions.