Can I get 100% mortgage with 0% deposit?

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Usually, lenders require at least a 5% deposit to readily provide a mortgage. A higher deposit means you’ll be eligible for more lenders and products, plus access to better rates- however, this isn’t always an option for first-time buyers in the current market. For those who can’t save up a deposit, or those who want to get onto the property ladder as soon as possible, there are other routes you can take that involve a much smaller, or no deposit.

Stamp duty on a second home

Small stacks of money on a desk with a red house, pen, bank statement and calculator

If you’re looking to buy a second home, whether this is to use yourself, or as a buy to let or holiday let then you should make sure you’re aware of the additional stamp duty charges you could face. The government have put in place a stamp duty surcharge of 3% on any second home.