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Will 5% get you a low mortgage rate?
Has the market
woken up, or are
borrowers still
paying too much?
Good
news for
first ...
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Small mortgage deposit = poor mortgage rate?

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If you only have a small deposit for your new home and you need a high percentage mortgage, does this mean you'll pay over the odds?

Published in: Real Estate
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Small mortgage deposit = poor mortgage rate?

  1. 1. Will 5% get you a low mortgage rate? Has the market woken up, or are borrowers still paying too much? Good news for first time buyers? Number of deals available since Oct up by 33% £ 182 mortgages available for 5% deposit 4 x more products available since Aug 2013 33% more deals available 57% 57% more deals than Jan 2014 WARNING: Borrowers can pay ave £4,068 MORE across the course of a year* *Buying a home for £150,000 - average of £816 a month with 5% deposit, compared with monthly payments of £477 with 25% deposit www.SellHouseFast.biz 25% Deposit 5% Deposit

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