Are you renting and feel you are stuck in the “rent cycle” unable to save a deposit for your first home?
A UK lender has begun offering a 100% mortgage for first-time buyers, where no deposit is required, if you*:
- Have proof of having paid at least 12 months’ rent in a row, during the last 18 months.
- Have experience of paying all household bills (e.g utility bills, council tax etc) for at least 12 months in a row.
If you are looking to take your first steps on the property ladder get in touch for a chat.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
There are other conditions that must be met in order to be eligible for this product which we can discuss with you.
Approved by The Openwork Partnership on 12/05/2023.
