First-time buyers see the return of 5% deposit mortgages: YBS fires starting gun - but should borrowers hold out for lower rates? Yorkshire Building Society is first major lender to reintroduce mortgages for those with 5% deposits, after deals were pulled at the start of the pandemic They are only for first-time buyers and those buying flats are not eligible At least five more lenders are set to launch low-deposit products next month Brokers and agents say buyers may want to hold out for interest rates to fall