LOW-DEPOSIT MORTGAGES - CASH AND CRITERIA CHECKLIST
Buy My First Home | Checked 27 October 2026 | England

Start with income and a realistic monthly budget. This checklist does not approve borrowing.
[ ] List ordinary savings that are actually accessible.
[ ] Keep buying costs, purchase tax and an emergency reserve separate.
[ ] Note any gift separately and verify that the exact product accepts it.
[ ] Ask which income, commitments and household costs the lender will include.
[ ] For rent-history products, ask which months and documents are required.
[ ] Check age, ownership history, credit and property restrictions.
[ ] Compare the complete borrowing cost, monthly payment and early-exit terms.
[ ] Ask what happens if the home's value falls before you need to move.

£180,000 illustration, before buying costs:
No deposit: £0 deposit / £180,000 mortgage.
£5k deposit: £5,000 deposit / £175,000 mortgage.
5% deposit: £9,000 deposit / £171,000 mortgage.
These figures do not establish availability or affordability.

My questions / evidence to find:


Skipton: https://www.skipton.co.uk/mortgages/first-time-buyers/track-record-mortgage
Lloyds: https://www.lloydsbank.com/mortgages/first-time-buyers/5k-deposit-mortgage.html
MoneyHelper: https://www.moneyhelper.org.uk/en/homes/buying-a-home/saving-money-for-a-mortgage-deposit
Recheck lender criteria before relying on a product. No financial answers are sent by downloading this file.