Deposits for the best mortgage deals



To get the most competitive mortgage deals on the market you will usually need a deposit of 25% upwards and some of the best deals require 30% or even 40% deposits.

For most first time buyers, getting a deposit together this big will be unrealistic so you may want to look into alternative ways of funding your home purchase. Things worth considering are shared ownership and shared equity schemes, buying a property with friends or getting first time buyer help from your parents or family offset mortgages.

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