How Much Deposit Do I Need for a Mortgage in Worcester?

How much deposit do I need for a mortgage in Worcester?

If you’re planning to secure a mortgage in Worcester by putting down a deposit, it’s important to note that most lenders will require a minimum deposit of 5% based on the property’s value. However, depending on your credit score, you might be asked to provide a higher deposit of 10% to 15% + of the property price.


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