How much deposit do I need for a £250,000 house?
For a £250,000 house, a 10% deposit is £25,000 and a 5% deposit is £12,500. A bigger deposit unlocks lower rates — at 15% (£37,500) you reach a much cheaper loan-to-value band.
How this is calculated
- ·Deposit shown as % of £250,000 purchase price
- ·Higher deposit = lower loan-to-value = better rates
- ·5% deals exist but carry higher rates
Deposit sizes for a £250,000 house
| Deposit % | Amount |
|---|---|
| 5% | £12,500 |
| 10% | £25,000 |
| 15% | £37,500 |
| 20% | £50,000 |
Frequently Asked Questions
Is a 5% deposit enough?
Yes, some lenders accept 5% (£12,500 on a £250,000 home), but you'll pay a higher interest rate than at 10% or 15%.
Does a bigger deposit save money?
Significantly. Crossing into a lower loan-to-value band (e.g. 90% to 85%) typically drops your rate, saving thousands over the term.
Do I need extra cash on top of the deposit?
Yes — budget for stamp duty (if applicable), legal fees, surveys and moving costs, often £2,000–£5,000+.
M Singh CeMAP DipFA · 25+ Years UK Financial Services
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M Singh CeMAP DipFA · 25+ Years UK Financial Services
Important Information
This calculator is for informational purposes only and does not constitute financial advice or a personal recommendation.
Results are estimates based on the information you provide and may not reflect your actual financial position.
You should consider seeking independent professional advice tailored to your specific circumstances before making any financial decision.