What is the Max deposit % you can put down? (50% - 60% ?

Jane_gs

Lenders ask for deposits from customers, 10%- 25% etc.

what is the max amount of % deposit you can put down ?

can you put 70% for example ?


and on these 'higher ones' are there any other things you need to have? such as a better credit hisotry, or any other things you need to provide in 'addition', (than if you were going for a 15% one)

I heard 75% is max? but wanted people to clarify it.

kingstreet

Anything upto 100%. Then you need no mortgage.

Just be careful of a lender's minimum mortgage requirement. If they set a £25k minimum you'd have to adjust your deposit accordingly.

Criteria and possibly credit score gets easier the more deposit you put down.

harvey115

You can put down as much as you like as your deposit, the bigger the deposit the better.

Having said that all mortgage products have a minimum lending amount, so as long as you are not borrowing less then their minimum with your deposit added, you should be fine.

Jane_gs

I heard 75% is max? but wanted people to clarify it.

Mrs_Arcanum

In addition you can have a mortgage over 15 years if this suits you better.