Number of low-deposit mortgages available at highest since 2008 financial crisis

MORE low-deposit mortgages are available now than at any time since the 2008 financial crisis.

There are 442 home loans with a five per cent deposit to choose from, more than double the number from two years ago.

Borrowers able to stretch to a ten per cent deposit have the pick of 845 deals — up by a third in two years.

It makes it the highest number of such offers in 17 years, according to analysts from Moneyfacts.

In March 2008, there were 575 five per cent deals on offer and 957 ten per cent deals.