Deposit

Buying a home is one of the biggest decisions you'll ever make. It can feel overwhelming at first as there's a lot of information out there, a lot of people with opinions, and a lot of steps between where you are now and holding the keys. But when you strip it back, getting the foundations right comes down to three things. Get these in place early, and everything else becomes a lot more manageable. 1. Have a Clear Budget in Mind Before you look at a single property, you need

When most people plan to buy a home, they focus on one number - the deposit. Save enough for that, and the rest will follow. But the deposit is just the beginning.

If you've been putting off buying your first home because you don't have a big deposit saved, you're not alone and you might be working from outdated information.

“There’s no point looking - I need at least 15% saved.” It’s one of the biggest barriers stopping people from even exploring their options. Let’s clear that up.

Many people assume that unless they have a 10% deposit saved, buying a home simply isn’t possible. The truth? You may not need a 10% deposit at all.

Many people believe that Buy to Let mortgages always require a 25% deposit. The truth? While 25% is common, it’s not always required.

Think you need a huge deposit to buy a home? Think again. Many lenders now offer low-deposit and even no-deposit mortgages for eligible buyers.

Think homeownership is out of reach without a big deposit? Some lenders now offer flexible deposit options - you could get started with as little as £5,000.

Think you need a huge deposit to buy a home? The Deposit Unlock scheme allows first-time buyers and home movers to secure a mortgage with just 5% deposit.