# New 100% mortgages allow first-time buyers to purchase without a deposit

UK lenders are introducing 100% loan-to-value mortgages that require no deposit from first-time buyers. These products aim to help people struggling to save for a down payment enter the housing market. However, the higher loan amounts increase financial risk for borrowers and could inflate property prices.

**Importance:** 3/5

## Sources

### World
- [The Guardian World](https://www.theguardian.com/money/2026/jul/17/first-time-buyers-mortgage-loans-banks-building-societies) — Fri, 17 Jul 2026 06:00:01 GMT