Category: Your Deposit
Category: Your Deposit
How to save a much larger home deposit
When you are thinking about your first home, finding out you should be thinking about saving for a 20 per cent deposit can seem really overwhelming. The good news is that for some of the big non-bank lenders like Pepper Money, a minimum deposit required on some products can be as little as five percent
What is Genuine Savings?
In short, ‘Genuine Savings’ is a term used by most banks to refer to savings you have made yourself over a period of time. This is opposed to savings acquired in a lump sum e.g. receiving a gift or a one off bonus from work. Why do the banks care? By evidencing that you have