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Highest number of low-deposit mortgages on the market since 2022

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More options should help buyers with small deposits to secure loans to get onto the housing ladder

Getting more 5% deposit mortgages onto the market was a pledge from the new Labour government during the election campaign for those with just a 5 per cent deposit or equity in their home are on the market currently – the highest figure in over two years.

A year ago, there were just 188 of these mortgages, which can help those who cannot save for a deposit to get on the This month, the average shelf-life of a mortgage product rose to 30 days, up from 15 days a month prior.

 

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Most low-deposit mortgages on the market since 2022More options should help buyers with small deposits to secure loans to get onto the housing ladder
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