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We find out what is the minimum deposit for a mortgage possible

Have you finally decided to take advantage of the current stunningly low house prices to make your big splash in the housing market and climb the property ladder? Even if you don't have the cash to put down right now, you still have plenty of options when it comes to buying a house. In this blog we are going to answer the question - what is the minimum deposit for a mortgage possible?

Back in the heady days of the boom period of the late 2000's, it was possible to pick up a mortgage without even splashing out a deposit. 100% mortgages were a regular occurrence, but belts have since tightened, and the lowest deposit mortgage you will be able to get will be about 90%. There aren't even that many companies offering these deals, but one such company is the Where on Earth Group, and you can find them online at http://www.whereonearthgroup.com. All you have to do is click on their low deposit mortgage tab to see what is on offer.

The Where on Earth Group are mortgage brokers, and how they work is that they scour the market putting together separate mortgage quotes in an effort to get you a mortgage that adds up to as close to 100% as possible. Their site even carries a helpful Mortgage Calculator that helps you to establish exactly how much you would have to pay on one of their mortgages, you can check it out at http://www.whereonearthgroup.com/mortgage-borrowing-limits.php.

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