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Deposit required for a property

Stuck Cone · 2012-03-23 14:07:02

Hi all, just wondering, nowadays with 100% mortgages a thing of the past, what kind of deposit does one need to have saved for a house?

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23-03-2012 3:07pm

#1

Stuck Cone

Registered Users Posts: 1,625 ✭✭✭

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Hi all, just wondering, nowadays with 100% mortgages a thing of the past, what kind of deposit does one need to have saved for a house?

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#2 23-03-2012 5:12pm
killers1

Registered Users Posts: 1,443 ✭✭✭

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Posts: 1442

Stuck Cone wrote: »

Hi all, just wondering, nowadays with 100% mortgages a thing of the past, what kind of deposit does one need to have saved for a house?

depending on the bank, some allow 8% deposit, some 10%, some 15% & some 20%. You'll also need to show you have the funds to cover stamp duty, legal fees & have something left over...

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