Can you get a mortgage with no deposit? In certain circumstances, yes. Options include a Skipton Track Record Mortgage, Family Springboard schemes, Right to Buy discount, a gifted deposit, or Shared Ownership's 5% share-only deposit.
Skipton Building Society offers a 100% mortgage for renters who can demonstrate a track record of paying rent on time for at least 12 months. No deposit required. The maximum loan is capped at the equivalent of your current rent payments. A clean credit history is required — speak to Darryl for current eligibility criteria.
Barclays and some other lenders offer Family Springboard products where a family member places 10% of the purchase price in a savings account as security. The buyer borrows 100% of the property value. After typically 3 years of on-time payments, the family member gets their savings back with interest.
If you're a council tenant, your Right to Buy discount can be used as your deposit. See our dedicated Right to Buy page for full details.
If a family member is willing to gift you your deposit, this is accepted by most lenders. The gift must be genuinely non-repayable — lenders require a signed gifted deposit letter confirming it is not a loan.
With Shared Ownership you only need a 5% deposit based on your share of the property, not the full value — one of the most accessible routes onto the property ladder for those with minimal savings.
100% mortgages come with higher rates and stricter criteria. In most cases, saving even a 5% deposit will significantly improve your options and rates. Darryl will always give you an honest picture of what makes financial sense for your situation.
In certain circumstances, yes. Options include a Skipton Track Record Mortgage, a Family Springboard mortgage, using a Right to Buy discount as your deposit, a gifted deposit from family, or Shared Ownership's 5%-of-share-only deposit.
A 100% mortgage from Skipton Building Society for renters who can show at least 12 months of on-time rent payments. No deposit is required, but the maximum loan is capped at the equivalent of your current rent payments, and a clean credit history is required.
A family member places 10% of the purchase price into a savings account as security while the buyer borrows 100% of the property value. After typically 3 years of on-time payments, the family member gets their savings back with interest.
Not necessarily. 100% mortgages come with higher rates and stricter criteria, so in most cases saving even a 5% deposit will significantly improve your options and rates. Darryl gives an honest assessment of what makes financial sense for each individual situation.
Yes — if a family member is willing to gift you a deposit, most lenders will accept it, provided it is genuinely non-repayable and confirmed with a signed gifted deposit letter stating it is not a loan.
A lot of people in this exact situation never even enquire — they assume the answer is already no. Check your Geezer Score first: completely private, no commitment, and no one to talk to until you're ready.
🎯 Check Your Geezer Score — Free & PrivateNo credit search. No obligation. Darryl personally reviews every enquiry and responds within 2 hours.
Lender criteria, rates and deposit requirements quoted on this page are indicative and subject to change without notice. Individual circumstances vary. This page provides general information only and does not constitute regulated financial advice. The Mortgage Geezer is a trading style of Access Financial Services Ltd who are authorised and regulated by the Financial Conduct Authority. The Financial Services Register number is 301173. Registered in England No. 04427489. Registered office address Access Financial Services Ltd, Unit 1 Furtho Court, Towcester Road, Old Stratford, Milton Keynes, MK19 6AN. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP YOUR REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER LOAN SECURED AGAINST IT.