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The Independent UK
The Independent UK
Business
Vicky Shaw

Choice of low deposit mortgages ‘highest since 2008’

Moneyfacts Rachel Springall
This year has ‘not been without a few ups and downs for rate moves and product availability’, Moneyfacts said (Joe Giddens/PA) - (PA Archive)

The choice of low deposit mortgages is at its highest since 2008, in a positive sign for first-time buyers, according to a financial information website.

At the start of December, there were 476 products on the market for borrowers with a 5% deposit, and 917 deals for people with a 10% deposit, according to financial information website Moneyfacts.

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