I feel like they can give people 5% deposit mortgages. But people will not buy because …. Well…. You’re getting a bigger loan at a 5-6% interest rate. That’s just insanely expensive. If you were to borrow 250k from the bank at 5.2-5.5%. You’re looking at what £1500-1600 a month ? Without bills. People can’t afford it, simple as. Banks will not give mortgages to people if they don’t belief that they can pay the mortgage.