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Financial Services > Mortgages > Mortgage Trends > Average UK Deposit (%) for First Time Buyers

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.

Key (%)
  < 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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