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Mortgage
lenders won’t usually
lend you the entire cost of a home.
Most mortgages cover up to 95% of the
cost, which means you’ll probably
need to save up the rest. This chunk
of money is what’s known as your
deposit.
By adding together the amount you
can borrow using a mortgage and your
deposit, you can work out how much
money you have to go house hunting
with.
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