First time buyer deposit by region
![](https://2b3973ab655087f5e496-8841b15d44ec28dbcf97c900e8cfa59e.ssl.cf3.rackcdn.com/x/830x/images/areaguides/area-guide-charlton-kings-andrews.jpg)
To buy a home in the UK, first-time buyers have an average deposit of between £26,400 and £144,500.
The average deposit paid by a first-time buyer in the UK is 24% of the purchase price (UK Finance), with many putting down a larger deposit down for their first home.
Most expensive is London, where the average deposit is £144,500, almost a third of the average sale price.
Mortgages aimed at first-time buyers, such as the 100% deposit or the shared ownership scheme, can work out cheaper than renting and have helped many onto the property ladder.
Source: #Dataloft, UK HPI, UK Finance
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