THE CENTRAL BANK recently announced that it is planning new rules around how much a home owner will need in a deposit.

Effectively, the rules mean the majority of home buyers will need a 20% deposit, as opposed to the customary 10%.

Reports today suggest that Taoiseach Enda Kenny is planning a work-around for this plan, however. The Taoiseach’s intervention would allow people to pay a 10% deposit.

But how much should people pay?

We’re asking: How much of a deposit should house-buyers need?

Poll Results:

10-15% (3609)

5-10% (2411)

15-20% (1574)

0-5% (450)

Over 21% (395)

0-5%
5-10%
10-15%
15-20%
Over 21%

Read: Buying a house? Here’s what you need to be earning under the new rules

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Poll: How much of a deposit should house-buyers need?

Poll Results:

Read: Buying a house? Here’s what you need to be earning under the new rules

Making a difference

A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.