The controversial loan has returned. We look at the deals and explain why it’s worth saving up a 5% deposit or more
Saving up for a deposit is one of the biggest challenges facing would-be homeowners, who can find that each month pretty much all most of their money is being swallowed up by rent and living costs.
No-deposit deals – known as 100% mortgages – can provide a lifeline, and in recent months a new crop have come on to the market.