Dossier
100% mortgages
Coverage of 100% mortgages in the Nexus archive.
- No deposit, no problem: the new 100% mortgages for first-time buyers
Metro Bank and other lenders are offering 100% mortgages with no deposit required, helping first-time buyers enter the property market. These loans, which were common before the 2008 financial crisis, are now being reintroduced with relaxed affordability rules.
- Sales of 100% mortgages surged to five-year high last year
Mortgage sales for 100% loans reached a five-year high last year, indicating increased buyer confidence. This surge reflects a significant trend in the housing market.