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The mortgage deposit
Mortgage lenders usually want you to pay a deposit towards your mortgage loan before they will accept your application. This 'deposit' is a percentage of the property's selling price and it's usually between 10 and 25 percent. But it can vary according to the type of mortgage you choose.
The size of the deposit varies according to the lender and type of mortgage you choose. And depending on the value of the property you want to buy, you may need a large deposit before a mortgage provider will accept you.