Conversations with a Pug – Do I need a deposit? |

Conversations with a Pug – Do I need a deposit?

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Do I need a deposit?

 

Purchasing a property is a major financial commitment.

Lenders like to see proof that you are able to put some of your own funds towards a purchase before they will lend money to you at standard rates.

In general you are required to have at least 5% deposit of the value of the property being purchased.

Obviously, the greater the deposit you can save, the better, and deposit requirements are changing all the time.

 

 

My Very Best To You Always,

 

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