Homebuyers now need extra £18,200 for a deposit to counter higher mortgage rates

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Properties listed for sale in an estate agent's window in Woking, UK, on Monday, June 1, 2026. UK house prices fell at the fastest pace for almost a year, according to one of Britain's biggest mortgage lenders, suggesting the surge in borrowing costs triggered by the Iran war is placing a strain on prospective homebuyers. Photographer: Jason Alden/Bloomberg via Getty Images

The average homebuyer now needs to save an extra £18,200 in deposit funds to counter higher mortgage rates, property website Zoopla has warned. Read More