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However, even those with small deposits are seeing rates fall.
On Thursday, the government published figures for its flagship Help to Buy scheme, designed to help buyers with small deposits.
Help To Buy is designed to boost mortgage lending and help buyers with small deposits get on the property ladder.
First-time buyer numbers rose last year, to more than 300,000, and interest rates have started to come down for those with small deposits.
It launched in April and offers equity loans to buyers with small deposits who want to purchase new-build properties up to the value of £600,000.
It will offer banks and building societies a taxpayer-backed guarantee to help them make more mortgages available to people with small deposits.
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Those with smaller deposits at Laiki will see their accounts transferred to the Bank of Cyprus.
That has even filtered through to rates for those with smaller deposits, with the introduction of the Help to Buy scheme boosting availability of 95 per cent rates".
But it pulled out of buy-to-let mortgages sold through brokers and penalised homeowners with smaller deposits by introducing a new range of products.
Economic confidence is returning, nudging many more buyers in the direction of property, and nudging lenders to offer more loans to buyers with smaller deposits".
There was good news for those with smaller deposits, too, with First Direct offering a five-year fix at 4.29 per cent with a £950 fee.
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