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How much of a deposit
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[quote][i]Originally posted by Ian[/i] Higher deposit generally means better interest rate on the borrowing as you have a lower LTV - loan to value ratio. ie. 95% mortgage you might be at 6% 80% perhaps 5.5% etc. Have a look at the complete range of products offered by any single lender and you'll see the different things you are eligible for based on your circumstance. Go here - http://www.personal.barclays.co.uk/BRC1/jsp/brccontrol?task=articleFWwealth&value=9629&target=_self&site=pfs And get the PDF file at the 'Download our latest interest rates' link for example of Woolwich. They are only one lender of course, others will differ. You can get away with going in with very little but don't expect the lenders to cut you any slack - you will pay more interest than if you go in with cash on the day. [Edited on 22-01-2007 by Ian] [/quote]
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