Average UK Deposit (£) for First Time Buyers
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Average UK Deposit Trends for First Time Buyers in 2006/2007
The regional variations in average UK deposit in GBP sterling placed by first time buyer applicants only in 2006-2007 is shown below, broken down by UK geographical postcode.
See our appropriate guides for information on first time buyers, property chains, buying vs renting and more.
| <15 | 15-20 | 20-25 | 25-30 | 30-35 | 35-40 | ||||||
| 40-45 | 45-50 | 50-55 | 55-60 | 60-65 | 65-70 | ||||||
| 80-85 | 85-90 | 85-90 | 90-95 | 95-100 | >100 |
Average First Time Buyer Deposit Highlights
Points of interest to note from the average deposit trends map for first time buyers:
- The average deposit in pounds sterling put down by a first time buyer on £13,517 in 2006, going up to £19,163 in 2007, an increase of 42%.
- Greater London experienced a slightly above average 45% increase in average deposit paid in pounds sterling from 2006 to 2007, with Cambridgeshire seeing an increase of 53%.
- Bournemouth saw an above increase in average deposit paid in pounds sterling of 33% over that period of time.
- West Midlands and West Yorkshire saw a slightly above average first time buyer increase of 23% in average deposit paid over 2006-2007, with both South Yorkshire and Surrey seeing an average increase of 23% as well.
- Greater Manchester witnessed a slightly below average decrease of 17% in average deposit paid over 2006-2007, with Birmingham seeing a decrease of 15%.
- Edinburgh saw a drop in average deposit from 2006 to 2007 of 17%.
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