How much deposit do you need for a house?

How much deposit do you need for a house? Well, you’ll usually need to pay around 10% of the property’s value. However there are mortgages that only require a 5% deposit.

Generally though, more is always better when it comes to how much you need for a house deposit. This is because the more you can put down as a deposit in relation to the property’s value (i.e. the lower your LTV ratio), the lower your monthly repayments are likely to be.