Average UK Deposit (%) for First Time Buyers
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Average UK Deposit for First Time Buyers in 2006-07 (%)
This map displays the average deposit trends for first time buyers in 2006/2007 as a percentage. Regions are broken down by UK postcode.
To view a similar map with average deposit values in GBP sterling, please see this map.
| < 9 | 9-9.5 | 9.5-10 | 10-10.5 | 10.5-11 | 11-11.5 | ||||||
| 11.5-12 | 12-12.5 | 12.5-13 | 13-13.5 | 13.5-14 | 14-14.5 | ||||||
| 14.5-15 | 15-15.5 | 15.5-16 | 16-16.5 | 16.5-17 | >17 |
Average First-Time Buyer Deposit Highlights
- The average deposit as a percentage of the mortgage taken out first time buyers through Mortgages.co.uk was 14.4% in 2006, going up to 15.0% in 2007%, an increase of 4.2%.
- Birmingham saw a well above average increase of 38%.
- Greater London and Surrey saw slightly above average increases in deposit as a percentage of the mortgage from 2006 to 2007 at 12% and 11% respectively.
- The West Midlands and Shropshire experienced slightly below average decreases in average percentage deposit over 2006-2007, 1.5% and 1.4% respectively.
- Edinburgh saw a decrease in average percentage deposit paid from 2006 to 2007 of 0.5%, with Glasgow seeing an increase of 18%.
- North Yorkshire experienced a large drop by 23% in average percentage deposit paid over 2006-2007, with West Yorkshire and South Yorkshire seeing decreases of 24% and 7% respectively
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