Tips on how to save for a deposit for your first home
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Saving for a deposit for your first home
Our mortgage advisors can assess your current financial situation, help you understand the mortgage you could access, and calculate the deposit you’ll need. If you are not ready to get in touch just yet, why not look at our free download which offers some great advice on saving for your first deposit.
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Saving for your first house deposit, while exciting, can be a challenge, especially while balancing the high cost of living. You may need a 20% deposit although there are some lenders who will offer mortgages on 10% and even 5% deposits.
Our download touches on a number of things you can do to help save for your deposit including: breaking your deposit goals into smaller chunks, buying with a friend or partner, family mortgages, and lifetime ISA's. It's free to download and we hope of some help to you.