The worse your credit, the more you may need — but it’s still possible.
When you’ve had credit issues in the past, one of the most common questions is: “How much do I actually need to put down?”
The answer depends on your individual circumstances — but here’s a guide to what lenders typically look for, and how to strengthen your case.
💷 Typical Deposit Requirements with Bad Credit
| Credit Status | Minimum Deposit Likely Needed |
|---|---|
| Minor late payment (12+ months ago) | 10%–15% |
| Defaults or CCJs (2+ years ago) | 15%–20% |
| Recent defaults/CCJs or bankruptcy | 25%–30%+ |
The more severe or recent the credit issue, the more risk the lender takes on — and the more they’ll want you to contribute.
🏠 Why a Bigger Deposit Helps
- Lowers the lender’s risk
- Opens up more mortgage deals
- Can help offset a poor credit score
- Shows you’ve regained financial control
🧠 Can I Still Get a Mortgage with a 5% Deposit?
Only in very rare cases. Most lenders that offer 5% deposit mortgages expect a clean credit history. If you’ve had any serious issues, you’ll need more saved.
💡 But if you have a guarantor or can access a shared ownership scheme, options open up.
📈 Tips to Strengthen Your Application
✅ Save as much as possible — even an extra 5% can unlock more lenders
✅ Get your credit file in the best shape possible
✅ Use a broker to access specialist deals
✅ Avoid new borrowing while preparing to apply
💬 Let’s Find Out What You Can Borrow — and What You’ll Need
I’ll help you understand where you stand, what deposit size is realistic for your credit history, and what lenders are most likely to say yes.
✅ Advice based on your full credit picture
✅ Access to bad credit-friendly lenders
✅ Honest answers — no false hope