PHOTO: Buyers can use smaller deposits if they are willing to negotiate with agents. Source: Supplied

Buyers are still landing a foot on the property ladder with minimal deposits despite an ongoing climate of cautious lending from banks by using a clever approach, a buyer’s agent claims.

Banks may have become more reluctant to issue loans to buyers with smaller deposits but home seekers still have plenty of options for purchasing property with less money down.

The catch: they need to be willing to get creative, according to one of the country’s top buyer’s agents and real estate author Patrick Bright.

The EPS Property Search director said most buyers wrongly believed they couldn’t get into the market without at least a 10 per cent deposit because of the ongoing climate of cautious lending.