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The Mortgage Route A to Z
Builder funded deposit

This glossary or A to Z should help clear up any confusion as to what terms mean what in the mortgage and insurance industry

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Letter B

Builder funded deposit

In the event that you are buying a new property some builders offer, as an incentive, to pay the deposit on your behalf this will normally be no more than 5%

In some cases the lender will accept this but some do not so it is important to check before applying

FSA declaration and important text about mortgage advice