The term deposit is used to describe the sum of money you put down as the first instalment in a series of payments. In purchasing property the deposit is the sum payable by the buyer to the seller as a gesture of "good faith" when the agreement is made. This term is also used to describe a contribution by the buyer towards the purchase price. This website has been designed to provide our users with access to all of the major lenders offering all types and variations of loan within the UK. Please note we are an advertising medium and do not therefore endorse products or give any financial advice relating to the products and services offered by the advertisers on this site.