In 2010, the average deposit, according to the Council of Mortgage Lenders (CML), was 23%.
The most recent figures from the CML, for March 2011, show the average deposit in the UK was 21%.
In Britain, the average deposit required by a first-time buyer has risen from 28% of annual income in 1997 to 80% this year.
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Already, increased competition among mortgage providers has seen a fall in the average deposit demanded by lenders from 35% of the sale price to 10-13%.
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For borrowers who can only put down a 10% deposit the average rate is higher at 6.06%.
However, first-time buyers still required a deposit on average of 20% to get on the property ladder.
It is the refinancing rate that usually dictates average money market interest rates with the deposit facility rate acting as a lower floor.
On average. first-time buyers still need to find a deposit of 20% of a home's value, but mortgage interest rates have dropped to very low levels.
Well, interest rate baring checking accounts currently pay out an average interest rate of .08 percent, according to the Federal Deposit Insurance Corp.
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For most of 2009, the average person buying their first home with a mortgage put down a deposit of 25%, figures from the Council of Mortgage Lenders show.
The increase in margins is supported by increase in premiums due to the implementation of the new variable annuity products and increase in fee income due to increases in average assets under management resulting from improvements in equity markets and increased deposit activity as equity market improvements created an environment where investors were willing to re-enter the capital markets.
The CML data shows that the 13% deposit of a property's value put down by the average first-time buyer is the largest for more than three years.
It highlighted the fact that the average buyer getting on the ladder for the first time needed to find a deposit of 20% of a home's value, compared with 10% before the crisis.
According to the financial information service Moneyfacts, the average cost of a two-year fixed-rate loan, for someone with a 25% deposit, is currently 4.28%.
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