The phrase "average deposit required" is correct and usable in written English.
It can be used when discussing financial matters, particularly in contexts related to banking, real estate, or rental agreements where a deposit is necessary.
Example: "Before signing the lease, please be aware of the average deposit required to secure the apartment."
Alternatives: "typical deposit needed" or "standard deposit amount".
The average deposit required by a private provider is £300 and by an education institution £288.
Three years ago the average cost of first-time property was £137,500, and the average deposit required was £27,500, according to the Council of Mortgage Lenders.
The average deposit required to buy in the capital is £70,000, which leaves two ways to get on to the ladder: one is to be extremely rich, the other is to be quite rich and then borrow more money than you could ever repay.
Those who grabbed the opportunity to get on the housing ladder in 1995 and 1996, on the other hand, will have found it easier than at any other time over the last 20 years, with house prices at that time closer to three and a half times income and an average 10% deposit required to buy a home.
Zoopla said that the average minimum deposit required to buy an eligible property was less than £10,000 in six of 10 regions in England and Wales: north-west and north-east England, the east and west Midlands, Yorkshire and the Humber, and Wales.
Most first-time buyers will not have the bulky deposit required to get the very best rates on the market – Springall says the average two-year fix with a 40% deposit has a rate of 1.83%, while those with a 5% deposit come at 4.2% – but that does not mean they will be completely excluded from the benefits of competition.
Minimum deposit required is 5%.
Minimum deposit required is 10%5%5% for those moving home).
This brings the deposit required down dramatically.
If people rent, they often cannot save the large deposit required for a mortgage.
Advance deposit required.
