We rent at the moment. Our landlord is selling up. Shall we use savings & get a 5% deposit? Or keep renting? We are early 40s, 2 dc. Been renting with same landlord for 10 years so we have cheaper rent than market and landlord is giving us first offer on the house to buy (private) but it would be a struggle to get the money needed especially in today's mortgage climate. Also I don't think we could raise more than 5% deposit and not getting any younger- can you get mortgage with 5% in 40s?