How Much Deposit Do You Need to Buy in Coombe?
On the £6,000,000 Coombe average, a 5% deposit is £300,000, 10% is £600,000 and 15% is £900,000. The gap between those three numbers usually decides your interest rate, not your application.
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
On the £6,000,000 Coombe average, a 5% deposit is £300,000, 10% is £600,000 and 15% is £900,000. The gap between those three numbers usually decides your interest rate, not your application.
The three numbers that matter in Coombe
Lenders price in bands. Crossing from 95% to 90% borrowing, then to 85%, usually moves you to a cheaper rate. On the local average those thresholds are £300,000, £600,000 and £900,000.
The monthly difference is real. Borrowing 95% costs about £33,322 a month on our illustration, against £29,814 at 85%. That is £42,090 a year, before any rate difference between the bands is counted.
Deposit levels on the Coombe average price
The commercial page for this town sets out the introduction itself: Mortgage advice in Coombe.
The years behind the deposit figure
Buying at the £6,000,000 Coombe benchmark needs household income of about £167,000, on the lending multiples used in our town guide. A household on that income saving a tenth of it puts away £16,700 a year.
At that rate a 10% deposit of £600,000 takes about 36 years.
The cash that is not the deposit
The deposit is not the only cash you need. Budget for survey, conveyancing, searches and moving.
Band D council tax in Buy in Coombe is £2,608 a year, and lenders count committed outgoings when they size your loan.
An income requirement near £167,000 puts this firmly in two income territory. A single buyer is unlikely to reach the benchmark price without a large deposit or family help.
What else Coombe buyers should know
The schools families ask about here are Coombe Hill Infant School, Coombe Hill Junior School, Coombe Girls' School, Rokeby School and Holy Cross Preparatory School. 3 local schools were rated Good or Outstanding overall at their most recent graded Ofsted inspection. Ratings age between inspections, so read the latest report before you rely on one.
On getting about: Transport in Coombe leans on buses, nearby stations and fast roads rather than a station of its own. These indicative times are a starting point, always verify current timetables before relying on a specific journey.
By price, Coombe ranks 1 of the 320 London locations we cover, at £6,000,000 against a county average of £732,469. Band D council tax here is £2,608, against an average of £2,121 across the towns we cover in the county.
What each budget buys in Coombe
Coombe is a leafy, exclusive residential enclave of large houses & private estates on Coombe Hill.
The full local guide covers schools, transport and the market in detail: Coombe property and area guide.
| Budget | What it buys here |
|---|---|
| Around £500,000 to £900,000 | A flat or smaller house on the edges of the area, the more accessible ways into Coombe. |
| Around £1,500,000 to £3,500,000 | A large detached family house with a garden, the core Coombe home. |
| £3,500,000 and above | A premier house on one of the gated private estates, George Road, Warren Road or Coombe Park. |
Coombe is known locally for The Coombe private estates, and Richmond Park. The gated estates on and around Coombe Hill, George Road, Warren Road and Coombe Park, among the most exclusive addresses in outer London, long associated with wealth and privacy.
Practical detail for Coombe: the KT2 postcode district, no station of its own, buses plus Norbiton, New Malden, Raynes Park & Kingston (South Western Railway) into Waterloo and nearest A and E is Kingston Hospital (Galsworthy Road), a short drive, verify with NHS.
Families
People wanting excellent schools, space and greenery, Coombe Hill Infant and Junior (Outstanding), Coombe Girls' (Good), the independents Rokeby and Holy Cross Prep, the golf clubs and the parks, with Kingston and the A3 close by.
Upsizers
People wanting a large house and garden in a prestigious, private setting, large detached homes and gated-estate houses on the hill, with schools, greenery and town within reach, at the top of the market.
Professionals
People wanting a green, private home near town, quick A3 access, nearby stations into Waterloo, the golf clubs and parks, if not a station on the doorstep or the buzz of inner London.
Coombe at a glance
| Deposit level | Coombe figure |
|---|---|
| 5% deposit | £300,000 |
| 10% deposit | £600,000 |
| 15% deposit | £900,000 |
| Monthly at 95% borrowing | £33,322 |
| Monthly at 90% borrowing | £31,568 |
| Monthly at 85% borrowing | £29,814 |
| Income needed at the benchmark price | £167,000 |
| Years to save 10% at a tenth of that income | 35.9 |
Figures are local averages used for illustration. Confirm your own numbers before acting on them.
Ask about Coombe
Three details is all we need. You are told before anything is passed to a partner firm.
Your checklist
- Which lender band your deposit actually reaches
- Any gifted deposit letter, prepared early
- Committed outgoings cleared before the application
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
Check broadband before you make an offer in Coombe
Broadband speeds can vary street by street in Coombe, so check the exact address before you commit. Ofcom's free checker shows which broadband speeds and mobile coverage are available at any UK property.
We can introduce you to a specialist who can combine your mobile, broadband and utilities into one bill. There's no fee for the introduction.
We don't provide these services ourselves. Switching household bills is not a regulated financial service, so FCA protections and the Financial Ombudsman do not apply. We'll only pass your details to the specialist if you ask us to. See our privacy notice.
Questions people ask
How much deposit do I need to buy in Coombe?
Can I buy with a 5% deposit here?
Does a bigger deposit beat a longer term?
How do I check broadband speed at a property in Coombe?
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