First-time house buyers in Britain are going to find it much more difficult to get onto the property ladder - and a lot of the blame lies at the door of the controversial mini-budget.
There is currently a shrinking number of mortgage deals for people with smaller deposits.
Latest figures from financial website Moneyfacts show there were just 137 mortgage offers at 95% loan-to-value available yesterday, compared to 347 at the start of 2022.
The downward trend was accelerated after the mini-budget sparked turmoil on the markets.
Mortgage interest rates also hit 14-year highs, but have since begun to fall.
Eleanor Williams, a finance expert at research body Moneyfacts, told the BBC that first-time buyers were likely to feel the impact of the current climate "keenly" due to them often having smaller deposits and therefore favouring 95% loan-to-value mortgages.
Less products available
On Monday, Moneyfacts said there were 137 of the 95% loan-to-value mortgage products, compared to 283 on the day of the UK Government's mini-budget.
Ms Williams added: "The mortgage sector is changeable at the moment, with the level of product choice fluctuating as lenders review their offerings and try to keep up with a changing economic outlook, which has meant that there are fewer products to choose from than there were prior to the recent fiscal announcement."
She said that with the cost of living biting into household budgets, buyers looking for a low-deposit mortgage deal would also have concerns about meeting affordability requirements.
Mortgage rates in general have been rising for months as central banks across the world try to tackle rising inflation, which is currently at 10.1% in the UK.
But when the financial markets reacted badly to government's mini-budget last month, which promised billions of pounds of unfunded tax cuts, UK rates rose even higher.
Lenders also suspended hundreds of mortgage products amid uncertainty over how to price these long-term loans.
All types of mortgage deals
Moneyfacts said the number of all types of mortgage deals available in the UK had recovered slightly to 3,067 - down from 3,961 on the morning of then Chancellor Kwasi Kwarteng's statement.
On Monday, the largest number of deals from lenders was for 75% loan-to-value mortgages (583).
But the picture could change soon, with the Bank of England expected to raise interest rates again in November in an attempt to bring down the current rate of inflation.
Average two-year fixed rates are currently at 6.55% (down from 6.65% last week). A five-year fix is at 6.43% (compared to 6.51% last week).
Such high levels have not been seen since the financial crisis of 2008.
At least 100,000 mortgage holders a month are coming to the end of fixed-rate deals, and face steep rises in monthly repayments.