We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Precise mortages before lockdown did they do 5 percent deposit

Strizy123
Posts: 29 Forumite

Before the world went into lockdown did precise mortgages do 5% deposit mortgages
0
Comments
-
nope, 15% deposit for most cases. More if credit really bad.
They did H2B though which you can get with a 5% personal deposit and 20% government loan0 -
So they never did 5% before the lockdown0
-
Im not sure what more I can add.
Standard products were 15% deposits. Very bad credit would need more deposit, 20% usually.
Help to Buy mortgages for new builds were available with 5% client deposit and 20% government equity loan. This would be a 25% deposit to precise0 -
Ok thank you for your help0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards