Are 100% Mortgages Available in the UK?

Traditional 100% mortgages with no deposit are extremely rare in the UK. However, several lenders offer 'effective' 100% mortgages through family-backed schemes. These include family springboard mortgages (family deposits savings as security), guarantor mortgages, and family offset arrangements. You can buy with no deposit of your own, but a family member must provide security.

Learn more about guarantor mortgages in our detailed guide.

First time buyer guide

Learn more about first time buyer guide in our detailed guide.

Learn more about 5% deposit mortgages in our detailed guide.

How much can I borrow?

Learn more about how much can i borrow in our detailed guide.

Are 100% mortgages available in the UK?

Traditional 100% mortgages with no deposit and no guarantor are extremely rare in the UK following the 2008 financial crisis. However, there are 'effective' 100% options where family members provide security through savings-linked schemes, guarantor mortgages, or family offset arrangements that allow you to buy without your own deposit.

How can I get a mortgage with no deposit?

Options include: family springboard/savings-linked mortgages (family deposits savings as security), guarantor mortgages (family member guarantees payments), family offset mortgages, shared ownership (lower deposit on your share), or government schemes. You'll need family help for most no-deposit routes.

What is a family springboard mortgage?

A family springboard mortgage lets you borrow 100% of the property value while a family member deposits savings (typically 10%) into a linked account for 3-5 years. If you make all payments, they get their savings back with interest. If you default, the lender can use their savings.

Are 100% mortgages a good idea?

100% mortgages carry higher risk - you have no equity buffer if house prices fall, meaning you could end up in negative equity. Rates are typically higher. However, if you have stable income and expect to stay long-term, they can get you on the ladder sooner rather than waiting years to save.

What credit score do I need for a 100% mortgage?

100% or no-deposit mortgages typically require excellent credit because lenders are taking maximum risk. Any adverse credit issues will likely disqualify you. You'll need a clean credit file, stable income, and often a family member willing to provide security.

What happened to 100% mortgages?

100% mortgages were common before 2008 but largely disappeared after the financial crisis when their role in the housing crash became clear. Lenders faced huge losses when borrowers defaulted with no equity. The few options today require family backing, shifting risk from lender to family.

Quick Answer

Can I Get a 100% Mortgage With No Deposit?

Last reviewed: December 2025

Reviewed by Jay Sabine – CeMAP Qualified – 29 years experience

Not without family help. Traditional 100% mortgages don't exist, but family springboard, guarantor, and offset mortgages let you buy with no deposit of your own.

Pure 100% mortgages - where you borrow the entire property value with no deposit and no guarantor - essentially don't exist in the UK anymore. They largely disappeared after the 2008 financial crisis. However, several lenders have created innovative products that achieve the same outcome with family backing. These shift the risk from the lender to your family members. The most common options are family springboard mortgages (where a parent deposits 10% savings as security for 3-5 years), guarantor mortgages (where family guarantees your payments), and family offset mortgages (where family savings reduce your interest). You get 100% of the property value, but someone else provides the security.

Your home may be repossessed if you do not keep up repayments on your mortgage. With 100% LTV, you have no equity buffer and family members are at risk if you default.

Key Points

1Traditional 100% mortgages don't exist post-2008
2Family springboard mortgages offer effective 100% LTV
3Guarantor mortgages allow no deposit of your own
4Family member must provide security or guarantee
5Excellent credit required from the borrower
6Higher rates than standard deposit mortgages

Eligibility Criteria

Excellent credit history (clean file essential)
Stable income meeting affordability requirements
Family member willing to provide security/guarantee
Family member has savings or property equity to use
Family member must also pass affordability checks

Typical Timeframe

Family-assisted 100% mortgage applications take 4-8 weeks. The family security typically remains in place for 3-5 years. After this period, if all payments have been made, the family member's savings or guarantee is released.

Next Steps

1Discuss with family members who could help
2Check your credit report for any issues
3Compare springboard vs guarantor options
4Speak to a broker about available products
5Consider whether 5% deposit is achievable instead

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Can I Get a 100% Mortgage With No Deposit?

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