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You should sit down with a mortgage broker (not your own bank who only sell their own limited choice of products) who can explain the full range of possibilities. There is usually one in every High St, or John Charcol which is a well-established firm based in London.
The usual range of deposit (down payment) required is about 20-40%, depending on your credit rating and earnings potential. Those who aren't settled in UK with ILR will find it difficult to get a conventional mortgage or being a co-mortgagee, but there are some specialist products brokers know about which you may be eligible for. We don't yet know the full details of the government scheme of mortgage guarantee.
 
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