If you’re looking to get on the property ladder and struggling to save more than 5% for a deposit, consider one of these options. Shared ownership: Allows you to buy a portion of a property (usually between 25% and 75%) and pay rent on the remaining share. Guarantor mortgages: A family member or close relative can act as your guarantor, offering their own property or savings as security. Rent-to-buy: Renting a property with the option to buy it at a later stage, with a portion of the rent going towards a deposit. Help from family: Relatives can gift or loan money for a larger deposit, enabling you to access more favourable mortgage rates. Lifetime ISA: Save up to £4,000 per year in a Lifetime ISA and receive a government bonus of 25%, which can be used towards a deposit.