It’s not quite a simple yes, but in various forms they are now available once again. We have just secured a client a mortgage to their dream home, without them needing to provide a deposit.
We have access to a lender which will allow 100% borrowing on a property without the buyer needing to provide any deposit. It will require a family member being able to deposit 10% of the purchase price to the lender in the form of a savings account. The savings will then be used as security for 3 years, before the family member can then get them all back, with interest!
Speak to one of our experience adviser’s today for more information.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE