The deposit in a Mortgage

Since the financial crisis, mortgage lenders now insist on a minimum deposit of 10% of the property value. Some mortgage lenders previously offered 100% of the purchase price or valuation (whichever is lower), although these are now obsolete. A handful of 95% mortgages are still available, but they will involve parents, e.g. they have to be a guarantor or hand all their savings over the lender.