Mortgage Deposits
Your deposit is one of the most important parts of getting a mortgage. Our advisors explain how much you need, where it can come from, and how to make the most of it.
What is a mortgage deposit?
A mortgage deposit is the amount you put down up front when buying a property. The rest is covered by the mortgage from your lender.
The size of the deposit you’ll need for a mortgage will be specific to your circumstances, the type of mortgage you’re applying for, and the amount you’re borrowing.
Read our guide on mortgage deposits to understand what you’re likely to need to get approved.
Read our tips on saving for a mortgage deposit, as well as this article explaining the different types of government schemes you may be eligible for.
If you’re a first-time buyer, we’re here to help you every step of the way. It’s essential to recognise that personal circumstances, such as being self-employed or having poor credit, can affect the deposit required.
The source of your deposit is also an important factor when applying for a mortgage. Learn more about gifted deposits and whether it’s possible to borrow money for your mortgage deposit.
Check your affordability
Use our calculator to see how much you could borrow with different deposit sizes.
Read our guides
Browse our deposit guides to understand how much you need, what counts as a deposit, and the government schemes that can help.
Compare mortgage deals
Use our comparison tool to see which lenders offer products based on your deposit size.
Speak to an expert
Get matched with an advisor who will explain your deposit options and guide you to lenders most likely to accept your application.
Our advisors know how lenders assess deposits and can help you find the right mortgage for your situation. Make an enquiry today.
Our Guides
Expert mortgage guidance tailored to deposits.
Particular Deposits For Mortgages
Mortgage Tools & Calculators
Professional tools designed to help you understand your mortgage options, compare rates, and make informed decisions about your financial future.
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Frequently Asked Questions
Still have questions about mortgages, rates, or the application process? Our comprehensive FAQ section covers everything from first-time buyer queries to complex remortgage scenarios.
Most lenders require a deposit of 15% to 20% of the property value, but the minimum they will accept is 5%.
You typically pay your mortgage deposit when you exchange contracts, generally several weeks before the transaction is finalised.
A mortgage advisor will search the market for you and recommend the best deal based on your situation. They do more than compare rates. They understand lender criteria, manage the paperwork, and know how to get complex cases approved.
With expertise in specialist mortgages and strong lender relationships, they save you time, reduce the risk of rejection, and often access deals not available directly.
Online Mortgage Advisor is an FCA-authorised mortgage broker serving customers nationwide. We have specialists who excel in situations like yours.
Over 600,000 borrowers have trusted us to help them find the right deal, and we are rated Excellent on Trustpilot.
Your first chat with an advisor is always free and comes with no obligation. If you choose to go ahead, fees vary depending on the complexity of your case, but you will always know the cost upfront. You will never be charged without agreeing to it first.
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Find out your best mortgage options today
You’ll have a dedicated team by your side from questions to completion, with clear choices and costs explained upfront. We’ll match you with a mortgage advisor specialising in your unique situation.