Homebuyers may have to put down 15 percent of property value

It has been revealed that the homebuyers of the future in the UK may have to put down a deposit of at least 15 percent of the property value, which means that an increasing number of people may find themselves priced out of the market because they do not have the deposit level that is being demanded. Read more

Tags: Financial Services Authority, Mortgages, 15% deposit mortgages, no deposit mortgages, low deposit mortgages