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No deposit, no problem: the new 100% mortgages for first-time buyers
UK NewsBusiness•July 17, 2026 at 7:00 AMNational

No deposit, no problem: the new 100% mortgages for first-time buyers

By Rupert Jones•The Guardian - UK News

Banks and building societies have started relaxing affordability rules and becoming more creative with productsFor many first-time buyers, getting their foot on the property ladder can feel like an impossible dream. However, the good news is that there are a growing number of mortgage deals that require only a small deposit, or no deposit at all.Metro Bank is the latest high street lender to launch a deal that allows eligible first-timers to borrow up to 100% of the value of a property. Home loans that let people borrow 100% have been making a bit of a comeback – they were once fairly commonplace but were axed after the 2008 financial crisis. Continue reading...

Banks and building societies have started relaxing affordability rules and becoming more creative with products

For many first-time buyers, getting their foot on the property ladder can feel like an impossible dream. However, the good news is that there are a growing number of mortgage deals that require only a small deposit, or no deposit at all.

Metro Bank is the latest high street lender to launch a deal that allows eligible first-timers to borrow up to 100% of the value of a property. Home loans that let people borrow 100% have been making a bit of a comeback – they were once fairly commonplace but were axed after the 2008 financial crisis.

Continue reading...

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