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The Independent UK
The Independent UK
Business
Vicky Shaw

SHOCKING: Low deposit mortgage choice hits 17 year high | Mind Blowing Facts

The average ‘shelf life’ of a mortgage was 17 days, down from 21 days in September 2024, Moneyfacts said (Joe Giddens/PA) - (PA Archive)

The number of low-deposit mortgages on the market has reached a 17-year high, according to a financial information website.

Moneyfacts counted 1,360 mortgage products requiring deposits of 5% or 10% in September – marking the highest total since 1,532 options in March 2008.

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