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Are there enough deposits to go round?
Some struggle to gather enough deposits, limiting their growth.
"It looks bad to regulators, like you didn't have enough deposits to plan your business well".
Unlike those banks that have run into difficulty because they rely on the wholesale markets for finance, HSBC has enough deposits to cover its loans.
Boulger said buyers who were able to raise large enough deposits would effectively be able to double the amount that they could spend, while keeping their monthly repayments at the same level.
Even over the course of several years, finding enough deposits or issuing enough bonds to meet that requirement is a hair-raising prospect not least because of regulators' parallel efforts to remove the implicit guarantee that bank creditors still enjoy.
Similar(52)
They'd both had decent jobs, but because they didn't have rich parents, they couldn't get a big enough deposit to buy a house.
Buyers of new homes who cannot muster a big enough deposit are now also getting help from a shared-equity scheme.
The chancellor said in the budget that the government would provide lenders with a guarantee of up to 20% of a mortgage in an attempt to provide potential buyers with a big enough deposit to purchase a home.
Although designed to help those who are unable to raise a big enough deposit to finance a property without assistance, the small print of the scheme does not rule out wealthy borrowers taking up the offer of a mortgage guarantee from the government.
No wonder mortgage approvals are falling and first-time buyers are struggling to save a large enough deposit.
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