0330 123 0773

Sub Menu

How much deposit do I need for a mortgage?

The size of the deposit can be substantially different. Some people might already have a good deposit, either as cash in the bank or equity in their own property. First-time buyers might have saved hard and got together that first 5 or 10 per cent. We’re happy to chat with anyone to find out the right mortgage situation for them. We offer mortgages for those that have a deposit of:

  • 5 percent
  • 10 percent
  • 15 percent
  • 20 percent and above

Of course, we believe in providing a personal service and ensuring that everyone gets the very best mortgage to suit their individual circumstances. As such, your deposit size isn’t the only thing we use to calculate which mortgages will suit you best. If you’ve got your eye on a particular property and aren’t sure whether or not you’ve got enough deposit yet, give us a call: we’ll do our best to get you where you want to be.

Mortgages calculated by deposit can obviously vary quite substantially, but we offer packages to suit nearly every type of buyer. Amongst others, we provide mortgage solutions to:

  • First time buyers. If you’re taking your first step onto the property ladder, then our qualified mortgage consultants are there to help guide you through what can be quite a complicated process, especially first time round! We’ll make sure you find the perfect first-time mortgage.
  • Landlords. We offer mortgages to those with up to and including 3 properties in their portfolio. As well as our standard mortgages, we offer specific ‘buy-to-let’ packages which are ideal for multiple property owners.
  • Self-builders. For some, nothing less than their dream home will do. We offer tailored self-build mortgages especially to suit those starting their future from scratch.
  • Those looking to re-mortgage. Circumstances change, and sometimes the perfect mortgage even a few years ago can be problematic today. We regularly work with people who want their current mortgage to work for them, rather than against them.

If you’d like to find out which mortgage we can offer you according to your deposit, then give us a call today on 0330 123 0773.

  • 95% LTV Mortgages | 5% Deposit Mortgages

    Finding the right mortgage comes down to a number of different factors, one of which is how much of a deposit you have to put down. Deposits can vary substantially. Some people will have at least half the value of the property ready to go, whereas others might be ready to take their first step on the ladder having saved up that precious initial five per cent.

  • Find a mortgage to suit your deposit

    90% LTV Mortgages | 10% Deposit Mortgages

    Putting down the deposit is a key part of the mortgage process: indeed, the size of the deposit can have an impact on which mortgages are available to you. Generally the greater deposit you can provide the lower mortgage rate that applies (this is a general rule please always check mortgage rates carefully!) So, if you can put down a larger deposit it’s definitely worth it and should also help to reduce your monthly repayments.

  • Find a mortgage to suit your deposit

    85% LTV Mortgages | 15% Deposit Mortgages

    We know that everyone's situation is different, which is why we offer mortgages tailored to suit a number of different factors. One of the main ones is the size of the deposit you’re planning to put down on your chosen property - and the general rule of thumb is the more the better.

  • Find a mortgage to suit your deposit

    80% LTV Mortgages | 20% Deposit Mortgages

    For those who have held a repayment mortgage for a while, it could mean sufficient equity in their property to only need to borrow 50% of their property value. For others, they'll have been saving hard and managed to get 20% of the value of their property together. At Ipswich Building Society, we offer a range of different mortgages which are tailored towards those who have at least 20 per cent of the property’s value ready to go.

Your home may be repossessed if you do not keep up repayments on your mortgage.