Is paying a deposit on exchange a fairly standard thing?
We're being asked for 10% of the purchase price.
I can see how this might be a problem if you were looking for a 95+% mortgage
10% is totally standard.
You can ask for a lower deposit but the seller would need to agree.
@Ramsaye started
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Is paying a deposit on exchange a fairly standard thing?
We're being asked for 10% of the purchase price.
I can see how this might be a problem if you were looking for a 95+% mortgage