💷 How Much Deposit Do You Really Need in 2026?
- 5% deposits are still possible in the UK.
- 10% gives more lender choice.
- 15–25% usually improves rates.
- Larger deposits can help with affordability and credit issues.
- It’s not always about the biggest deposit possible.
1 | The Minimum Deposit
Most mainstream lenders require at least:
- 5% deposit (95% mortgage)
But availability can depend on:
- Credit profile
- Income stability
- Property type
2 | Why 10% Is Often the Sweet Spot
At 10% deposit:
- More lenders become available
- Rates often improve
- Affordability stress tests can be easier
This is where many first-time buyers aim.
3 | When a Bigger Deposit Makes Sense
A 15–25% deposit can:
- Unlock lower interest rates
- Improve affordability calculations
- Help if you have past credit issues
- Reduce monthly payments
But don’t drain all savings just to chase a slightly lower rate.
4 | Deposit Isn’t the Only Cost
Remember additional costs:
- Stamp Duty (if applicable)
- Legal fees
- Surveys
- Broker fees (if charged)
- Moving costs
Your deposit is just one part of the equation.
📞 Not Sure What Deposit You Need?
This website provides information only and does not offer advice.
We can introduce you to specialist advisers who can:
- Assess your income and credit profile
- Identify realistic deposit options
- Explain lender requirements
- Help you plan next steps