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.
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