Purchase a Property with a 5% Deposit in 2024

Purchase a Property with a 5% Deposit
#purchase #deposit #mortgageadvice #moneymantv

In this video, Malcolm Davidson, Managing Director and Mortgage Advisor, explains how lenders will require you to put down a minimum of a 5% deposit. For example, if you are looking at buying a £200,000 property, you would need to provide a £10,000 deposit.

We will be more than happy to assess your income and affordability to determine whether you can put down a mortgage with a 5% deposit or whether you would need to provide a higher amount.

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Chapters / Timestamps
00:03 - 5% Deposit Introduction
00:31 - When Higher Deposits Are Required
00:52 - Buy to Let Considerations
01:08 - Contact Details

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Disclaimer
All views are purely that of Malcolm Davidson & do not constitute professional mortgage advice. Moneyman TV provides video coverage of the Mortgage Industry with the purpose of informing the consumer.

Topics covered refer to popular mortgage situations presented by real customers on a regular basis, including first time buyers, remortgages, home movers and many more.

UK Moneyman Limited is authorised and regulated by the Financial Conduct Authority.

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