Posts Tagged ‘deposit’


Best buy mortgages still demand higher deposits

Sunday, September 7th, 2008

Since the onset of the global credit crunch borrowing costs for those looking for a mortgage have increased dramatically in terms of interest rates, arrangement fees, and deposit levels. Those looking to take out a mortgage spend time shopping around for the most competitive rate, and there are some competitive deals still available. However, industry officials have said that the deposit level that is now required in order to secure one of the best buy mortgages has rocketed. (more…)