Question:
“How much is a normal deposit when you make an offer on a house?”
Answer:
A typical deposit is 1-2% of the purchase price.
But just because it’s typical doesn’t necessarily mean it’s the approach you should take.
Offering a bigger deposit, say over 2%, is a way of making your offer appear stronger and thus more attractive to a homeseller. So if possible, this may be a better option in some cases.
