Hi

Did you mean £245000 ?

There are some 90% mortgage deals. See the MS guide http://www.moneysupermarket.com/mortgages/

It may be worth going to a local independent Mortgage Broker, so they can search the market for the best deal, to meet your needs. Find using http://www.unbiased.co.uk/find-a-mortgage-adviser/

What you may find is that some lenders are more restrictive. Perhaps you current lenders are one of them.

Huckster

I'm looking to buy a new home in the region of £24500 but I only have 10% deposit. My current lender says I will only be able to buy a new home with a 20% deposit, despite being more than able to pay the monthly instalments. Is this true? Is there an alternative?