General · 17 July 2026

New 100% mortgages return, but higher interest rates apply

Pexels / Jakub Zerdzicki

First-time buyers can now get mortgages with little or no deposit, as high street lenders relax their rules. Metro Bank is the latest to offer a 100% mortgage, following similar deals from Lloyds, Santander, Skipton and Yorkshire Building Society. These low-deposit options usually come with higher interest rates than standard deals, meaning you'll pay more.

By BriefTea Editorial · 17 July 2026 at 12:48

Reported by The Guardian · How we write briefs

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