Half of mortgage market requires a high deposit – Moneyfacts

May 16, 2008
Over half of the mortgage market now requires home buyers to put down a deposit of more than 10% when purchasing their new home, Moneyfacts has reported. Figures from the personal finance publisher reveal that 53% of the market now demands a deposit of 10%, compared with 27% in August 2007. Before the credit crunch struck, 47% of deals needed …

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