What was your deposit on your house?

ThePants999

First property (2005): 5% of £102,500. Yes, I was happy, I got on the housing ladder.
Second property (2007): 10% of £280,000. Yes, I was happy - scraping together 10% wasn't easy, but got us an affordable rate, important as our mortgage was obviously much bigger.
Third property (2016): 40% of £440,000. I would have liked to put down a smaller deposit as I'm below my lender's max LTV for their best product, but I was limited this time by affordability.

comeandgo

Ten years ago 70k deposit on a house purchase of 210K. Be mortgage free at end of this year, great.

chelseablue

I purchased my first property in 2010 for £156,500. I put £47,000 down as a deposit


Sold it in February this year and bought a house for £400,000, we put £170,000 as a deposit

AlistairM

Purchased our house in January as a first time buyer, with a deposit of £76,250 for £275K for a 25% LTV.


All seems to be going well so far. I inherited a Koi pond with some Koi inside which has been fun learning to look after.

chelseablue

AlistairM wrote: »

Purchased our house in January as a first time buyer, with a deposit of £76,250 for £275K for a 25% LTV.


All seems to be going well so far. I inherited a Koi pond with some Koi inside which has been fun learning to look after.

Sounds good! All I inherited is a chimney that needs repointing :rotfl:

ReadingTim

In terms of securing the best mortgage deal available to you at the time, then the answer always has to be:

"As much as possible".

And to answer your follow up questions:

• Catholic
  
• The woods

Okrib

I put down £80k on a £400k purchase back in 2003.


Recently taken some equity out to add square footage, current value would be around the £1.35M level.


Equity has gone up by about 250% since then. Pretty good investment!