Yeah it seems like in America you can still put almost nothing,.or like 5% down and get a crazy low interest rate mortgage for 25 years. Here in the UK you can

Yeah it seems like in America you can still put almost nothing,.or like 5% down and get a crazy low interest rate mortgage for 25 years. Here in the UK you can't even get fixed rate mortgages of more than 10 years and all of those require substantial deposits. >20% down is where the best interest rates are. Most people are on variable rate deals or short term (2 year) fixed deals.