What deposit do I need for my first home, is 5% enough ?

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The minimum deposit typically required is 5% of the property's purchase price, but aiming for a higher deposit can offer better interest rates and lower your monthly payments.

What deposit do I need for my first home, is 5% enough ?

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The minimum deposit typically required is 5% of the property's purchase price, but aiming for a higher deposit can offer better interest rates and lower your monthly payments.

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We charge a fee for our services. Our fee range is £0 to £595, with a typical fee of £395. If a Fee is payable, it is paid in 2 stages. Stage 1. £100 when we submit your mortgage application. Stage 2. £295 (or the remainder of the agreed fee) when you receive your official Mortgage Offer. We’ll always agree this with you before we start any chargeable work, and you’ll receive written confirmation so everything is clear from the start.

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First Time Buyer Mortgages Ltd is an Appointed Representative of PRIMIS Mortgage Network, a trading name of First Complete Ltd. First Complete Ltd is authorised and regulated by the Financial Conduct Authority.

The Guidance contained within this website is subject to UK regulatory regime and is there primarily targeted at the consumers based in the UK.

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Registered address, 222 Lisburn Road Belfast BT9 6GD.