31/07/2026
Think you need a £10,000 deposit to buy your first home?
Many people assume they need a huge deposit saved before they can even think about buying a home.
That isn’t always the case.
For some first-time buyers, it may be possible to buy a home with a much smaller deposit than expected.
Here’s an example:
🏠 Property price: £215,000
💰 Deposit: £5,000
📅 Mortgage term: 35 years
🔒 Fixed rate: 5 years at 5.89%
💷 Monthly repayment: £1,181.93*
(Illustration based on someone aged around 30. Mortgage repaid before age 65.)
If you’re wondering whether buying your first home could be closer than you think, we’re here to help.
The right mortgage depends on your personal circumstances, income and credit history, so it’s always worth finding out what’s possible rather than ruling yourself out.
*Figures are for illustration purposes only and were correct at 5:14pm on 29 July 2026. This is not mortgage advice or an offer of finance. Products and rates may change. Eligibility and lending criteria apply.
Message us, call us, WhatsApp us or book online for your appointment with Roland at Strabane Mortgage Centre Ltd
Strabane Mortgage Centre Ltd
📍Based in Strabane
📱Serving UK-wide
🏆Award-winning Mortgage Advisor
☎️ 028 7188 6666
💚WhatsApp: 073 6851 7755
🌐strabanemortgagecentre.com
Think carefully about securing other debts against your home. Your home or property may be repossessed if you do not keep up repayments on your mortgage or any other debts secured on it. You may be charged a fee for mortgage advice.
Strabane Mortgage Centre Ltd is an Appointed Representative of The Right Mortgage Ltd, which is authorised and regulated by the Financial Conduct Authority.
✨
21611
