Number of low-deposit mortgages at post-crisis high

New data from Moneyfacts show the availability of low-deposit mortgages has reached its highest level since the 2008 financial crisis, providing a boost for first-time buyers. Rachel Springall from Moneyfacts explained: "A rise in product availability for aspiring homeowners is a healthy step in the right direction". Currently, there are 442 mortgage options for those with a 5% deposit and 845 for those with a 10% deposit. Chris Sykes, technical director at broker Private Finance, said: "The 5% deposit mortgages are an absolutely vital product for the buoyancy of the property market and to give mostly first time buyers the opportunity to get onto the property ladder". 

BBC News (14/04/2025)   Daily Mail (14/04/2025)