Potential homebuyers are still in need of financial help to get on the property ladder, as new research has revealed that mortgage lenders are continuing to demand high deposits.

Statistics from financial information service Moneyfacts have uncovered that, despite an expanding number of deals on the market, more than two-thirds of the 1,485 mortgage offers currently available require customers to put a minimum 25% deposit on their new home.

22 million savers are in need of financial help as the recent dramatic fall in the interest base rate has left them confused about their finances.

According to a leading price comparison website, 51.6% of savers in the UK have no idea how much interest they currently earn on their ‘rainy day’ money.

Nationwide is offering debt help to thousands of Britons through a support programme for vulnerable members of society.

The Nationwide Foundation has made £3.2 million available to help tackle the issues of housing and financial exclusion amongst disadvantaged groups.

Two new grant programmes and an investor scheme will be open to charities that tackle social and financial issues.