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UK Free Mortgage Advice
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It's the Size Of Your Deposit that Matters

A 10% deposit was the average for a first time buyer 18 months ago. However the criteria for getting a good loan deal has changed dramatically. Most Lenders now require a 40% deposit for the best deals.

A 25% deposit will get you a slightly more expensive deal .A mortgage with only a 10% deposit will be more difficult to find.

It is a buyers market and first time buyers came snap up a good bargain with the right deposit. Surveyors say that property prices have fallen by a fifth and in some areas property values have fallen by more than a third. Now more than ever it is essential to take independent advise when looking for a mortgage.

Since the beginning of the credit crunch the number of mortgages on offer has fallen from 30,107 to 2,672 and there are tougher conditions on borrowers.

Anyone wishing to re-mortgage with less than 25% equity in their homes have just 3 options. They can pay a much higher rate, put more cash in to put more equity back into their home or just remain on the standard variable rate.

There are deals out there but it is the size of your deposit that counts and you will also need good sound independent advice.

Mortgage Fox are happy to assist in your search by putting you in touch with one of our independent brokers in your area. This service is 100% with no obligation.





NOTE: Do not make any financial decisions based on the information on this page. Always take professional mortgage advice first




Mortgagefox offers a free mortgage advice


If you have any questions do not hesitate to contact our independent mortgage advisors at Mortgagefox.


There is no obligation with any of these services, and both are offered completely free. If you have specific mortgage question you want to ask then we will be glad to help.



Value of Property  
(eg 135000) 
Value of Mortgage
(eg 85000) 
Type of Mortgage