100 Percent Mortgages Advice
Wondering if you can buy your first home without saving a deposit? Some lenders offer 100% mortgage options to eligible buyers, including certain rent-based and family-assisted arrangements.
YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Why choose us
Helping you buy a home without a deposit
Explore your mortgage options with expert advice from over 50 lenders. We'll help you understand eligibility, compare suitable deals and guide you through the application.
Explore 100% Mortgages
Some lenders offer mortgages without a traditional deposit. We'll help you understand the available options and whether you could qualify.
Understand Your Eligibility
Your income, credit history and rental payment record may affect your options. We'll help you understand what lenders look for.
Expert Mortgage Support
From comparing suitable lenders to completing your application, your dedicated adviser will guide you through every step.
Some lenders consider your rental payment history when assessing eligibility for a no-deposit mortgage.
Parents or relatives may be able to use their savings or property as security instead of providing a cash deposit.
A family member may agree to support your mortgage repayments, subject to the lender's requirements.
First-time buyers may be eligible for a 100% mortgage without saving a traditional deposit. Lenders typically assess your income, credit history, affordability and, for some products, your rental payment history. Eligibility varies between lenders, and not all first-time buyers will qualify.
If a 100% mortgage isn't suitable, explore 5% deposit mortgages and other potential routes to homeownership.
With a 100% mortgage, you're borrowing the full purchase price of your home. If property prices fall, your home could become worth less than the outstanding mortgage balance. This is known as negative equity and could make it harder to sell your property or remortgage in the future.
Zero-deposit mortgages may have higher interest rates than mortgages with larger deposits, potentially increasing your monthly repayments and overall borrowing costs. With no initial equity in your property, you may also have fewer remortgage options. It's important to consider whether repayments would remain affordable if interest rates increased.
A change in employment, reduced income or unexpected expenses could make your mortgage repayments harder to manage. With a 100% mortgage, you may have little or no equity to fall back on initially. Before applying, consider your financial commitments, emergency savings and how you would manage your repayments if your circumstances changed.
Zero Deposit mortgage help
100% Mortgage FAQs
A limited number of UK mortgage lenders offer 100% mortgages, with availability and eligibility requirements changing over time. Some products consider rental payment history, while others require family support or additional security.
A mortgage adviser can compare suitable lenders and explain which no-deposit mortgage options may be available based on your circumstances.