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How much of a deposit will I need?

My advice is to save a minimum of 10% for a residential mortgage.

You can apply for a mortgage with a smaller (or no) deposit however the lending criteria will be much stricter and you may have to have a guarantor come ‘on board’ and be involved with the mortgage.

The larger the deposit you have the more favourable the interest rates will be.

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About Broadlands

Buying a house can be difficult, but that’s where Broadlands come in. With over 50 years of experience, our friendly and knowledgable team are more than ready to help you find the right home for you and sell your house.

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Learn what your home is worth

Start the selling process with an honest valuation.
The first step to selling is an accurate assessment of your home’s value.

Please fill out and return this form, and we will be in touch within one working day with a knowledgeable and honest valuation. We will also include our recommendations for your next steps in the selling process and how we can guide you so you can move forward with knowledge and confidence.

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