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How much is required for deposit on a property

Hello, looking for a property i have a deposit of around 11k is that enough or would i require more. I am looking for 2-3 bedrooms in Coventry.

Asked on Mar 31 2014, General in Coventry | Report content

Answers (1)

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  • This would be based on the purchase price. You can get some pretty high loan to value mortgages these days, but you better rates when you put down a larger deposit. If you a deposit of 25-35% of the purchase price there will be a good selection of mortgages open to you.

    Answered on Mar 31 2014, Report content

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