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No Deposit Mortgages

With today's high house prices, finding a deposit for your first home can be difficult.

A few years ago, a number of lenders started to recognise this problem, and a lot of people found there was suddenly a good chance they might be able to obtain a 100% mortgage.

In some cases, you might even have been able to arrange a mortgage for up to 125% of the value of your new property.

This was designed to help cover some of the additional costs of moving or go towards buying furniture for your new home.

At the current time, mortgages that do not require a deposit are scarce as a result of the credit crunch. However, they may maker a comeback if and when the mortgage market improves.

Click here to contact a qualified mortgage broker...