A quarter of mortgage deals are available only to borrowers with a 40 per cent deposit, according to the latest research from Moneyfacts.co.uk. In February 2008, just 24 deals required a 40 per cent deposit, but less than a year later that figure has soared to 341. The number of mortgage deals has collapsed from 3,500 to less than 1,400 now. Only 21 mortgages are available with a deposit of 5 per cent or less, compared with more than 1,200 in February 2008.
