England First-Time Buyer Scheme
See How Close You Are to Your Deposit
Work out the cash still needed for a 5, 10, 15 or 20 percent deposit in England, including stamp duty and typical extras, and how many months of saving would close the gap. Estimates from figures you type, not advice.
Your Deposit Details
Adjust the values below to see how your savings compare to your deposit target.
Deposit Target
Weezz shows information and estimates from your figures, not financial advice.
Your Deposit Target
Waiting for Inputs
£ —
Based on your selected percentage target.
Typical extras (stamp duty, solicitor, survey, moving) sit on top of this. The gap and months include them.
Deposit Progress
Enter your details to see your estimated deposit gap and target metrics.
- Current Savings£ —
- Other buying costs£ —
- Remaining Gap£ —
- Monthly Savings£ —
- Estimated Time to Target—
Your Path to Home Ownership
We will calculate your deposit gap once you enter your details.
What deposit do you need?
Most lenders ask for a minimum 5% deposit. A larger deposit often means a lower rate and a smaller monthly repayment.
Minimum deposit requirements
Most UK lenders ask for at least 5% of the property price. First Homes and shared ownership can mean less cash up front. Availability depends on the area. We do not check whether you qualify. Figures here are for England.
How deposit size affects rates
Mortgage rates often improve at 95%, 90%, 85%, and 80% loan to value (5%, 10%, 15%, and 20% deposit). Each step can cut the rate. That is a sketch, not a quote.
The gap and months include typical extras (England stamp duty, solicitor, survey, arrangement, removals, insurance). Those are midpoint estimates, not quotes. Deposit requirements and available rates vary by lender and can change.
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Sign upCommon questions
How does the deposit gap calculator work?
You enter a house price, how much you have saved, a deposit percent (5, 10, 15 or 20), and a monthly saving amount. Weezz shows the cash still needed, including typical extras on top of the deposit, and how many months of saving would close that gap. England first-home figures only. Weezz shows information and estimates from your figures, not financial advice.
How much stamp duty does a first-time buyer pay in England?
For a first-time buyer purchase of £500,000 or less in England: 0% on the first £300,000 and 5% on £300,001 to £500,000. Above £500,000 there is no first-time buyer relief; standard residential rates apply. Figures checked August 2026. Source: https://www.gov.uk/stamp-duty-land-tax/residential-property-rates. Weezz does not calculate Scotland LBTT, Wales LTT, or Northern Ireland. Weezz shows information and estimates from your figures, not financial advice.
What extras sit on top of the deposit?
The gap includes England stamp duty plus typical solicitor, survey, mortgage arrangement, removals, and insurance amounts you can edit. Those are midpoint sketches, not quotes. Weezz shows information and estimates from your figures, not financial advice.
Does this say I qualify for Help to Buy or a LISA?
No. Weezz does not check scheme eligibility. Do not treat any figure here as confirmation of eligibility for LISA, Help to Buy, First Homes, or Shared Ownership.