Compare no deposit mortgages

These 0 deposit mortgages can cover the full property value so you don't need a deposit, but 100% LTV deals may only accept existing customers.

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23 results found, sorted by affiliated products by lowest initial rate. How we order our comparisons. Commission earned affects the table's sort order.
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Nationwide 2 year fixed for existing borrowers
Maximum LTV
200%
Initial rate
2.79% fixed for 2 years
Subsequent rate (SVR)
3.59% variable
Overall cost for comparison
3.5% APRC
Available to existing borrowers not moving only.
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product feeNo fee
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 1.50% of the outstanding balance, in the first year

- 0.75% of the outstanding balance, in the second year

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Existing Borrowers Only
Max age at term end75 years
Minimum Age18 years
Permanent UK Resident
Self Employed Accepted
Nationwide 3 year fixed for existing borrowers
Maximum LTV
200%
Initial rate
2.79% fixed for 3 years
Subsequent rate (SVR)
3.59% variable
Overall cost for comparison
3.5% APRC
Available to existing borrowers not moving only.
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product feeNo fee
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 2.00% of the outstanding balance, in the first year

- 1.50% of the outstanding balance, in the second year

- 0.75% of the outstanding balance, in the third year

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Existing Borrowers Only
Max age at term end75 years
Minimum Age18 years
Permanent UK Resident
Self Employed Accepted
Loughborough 2 year discount
Maximum LTV
100%
Initial rate
3.1% for 2 years (2.24% discount on SVR)
Subsequent rate (SVR)
5.34% variable
Overall cost for comparison
5.0% APRC
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product feeNo fee
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 2.00% of the original loan, in the first two years

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Wales
First Time Buyers
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Remortgage Available
Self Employed Accepted
Virgin Money 2 year fixed for existing borrowers
Maximum LTV
200%
Initial rate
3.12% fixed until 01 Feb 2024
Subsequent rate (SVR)
4.34% variable
Overall cost for comparison
4.1% APRC
Available on repayment basis. For residential interest only and part and part loans there is a minimum combined gross income requirement of £75,000. Available to existing borrowers not moving only.
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product feeNo fee
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 1.50% of the outstanding balance, before 01 Feb 2024

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Existing Borrowers Only
Max age at application68 years
Max age at term end75 years
Minimum Age18 years
Permanent UK Resident
Self Employed Accepted
Virgin Money 3 year fixed for existing borrowers
Maximum LTV
200%
Initial rate
3.12% fixed until 01 Feb 2025
Subsequent rate (SVR)
4.34% variable
Overall cost for comparison
4.1% APRC
Available on repayment basis. For residential interest only and part and part loans there is a minimum combined gross income requirement of £75,000. Available to existing borrowers not moving only.
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product feeNo fee
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 2.50% of the outstanding balance, before 01 Feb 2025

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Existing Borrowers Only
Max age at application68 years
Max age at term end75 years
Minimum Age18 years
Permanent UK Resident
Self Employed Accepted
Nationwide 5 year fixed for existing borrowers
Maximum LTV
200%
Initial rate
3.24% fixed for 5 years
Subsequent rate (SVR)
3.59% variable
Overall cost for comparison
3.5% APRC
Available to existing borrowers not moving only.
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product feeNo fee
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 3.00% of the outstanding balance, in the first two years

- 2.50% of the outstanding balance, in the third year

- 1.75% of the outstanding balance, in the fourth year

- 0.75% of the outstanding balance, in the fifth year

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Existing Borrowers Only
Max age at term end75 years
Minimum Age18 years
Permanent UK Resident
Self Employed Accepted
Virgin Money 2 year BBR tracker for existing borrowers
Maximum LTV
200%
Initial rate
3.25% base rate tracker until 01 Feb 2024
Subsequent rate (SVR)
4.34% variable
Overall cost for comparison
4.1% APRC
Available on an interest only or repayment basis. For residential interest only and part and part loans there is a minimum combined gross income requirement of £75,000. Available to existing borrowers not moving only.
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product feeNo fee
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 1.50% of the outstanding balance, before 01 Feb 2024

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Existing Borrowers Only
Max age at application68 years
Max age at term end75 years
Minimum Age18 years
Permanent UK Resident
Self Employed Accepted
Virgin Money 5 year fixed for existing borrowers
Maximum LTV
200%
Initial rate
3.34% fixed until 01 Feb 2027
Subsequent rate (SVR)
4.34% variable
Overall cost for comparison
3.9% APRC
Available on repayment basis. For residential interest only and part and part loans there is a minimum combined gross income requirement of £75,000. Available to existing borrowers not moving only.
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product feeNo fee
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 3.50% of the outstanding balance, before 01 Feb 2027

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Existing Borrowers Only
Max age at application68 years
Max age at term end75 years
Minimum Age18 years
Permanent UK Resident
Self Employed Accepted
Tipton & Coseley term discount
Maximum LTV
100%
Initial rate
3.39% for mortgage term (1.55% discount on SVR)
Subsequent rate (SVR)
3.39% variable
Overall cost for comparison
3.5% APRC
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product feeNo fee
Additional information

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Wales
First Time Buyers
Max age at application75 years
Minimum Age18 years
Permanent UK Resident
Self Employed Accepted
Tipton & Coseley term discount
Maximum LTV
100%
Initial rate
3.39% for mortgage term (1.55% discount on SVR)
Subsequent rate (SVR)
3.39% variable
Overall cost for comparison
3.5% APRC
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product feeNo fee
Additional information

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Wales
First Time Buyers
Max age at application75 years
Minimum Age18 years
Permanent UK Resident
Self Employed Accepted
Scottish Widows Bank 2 year fixed for existing borrowers
Maximum LTV
120%
Initial rate
3.45% fixed until 31 Jan 2024
Subsequent rate (SVR)
3.59% variable
Overall cost for comparison
3.9% APRC
Available to existing borrowers not moving only.
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product feeNo fee
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 2.00% of amount paid, in the first year

- 1.00% of amount paid, in the second year

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Existing Borrowers Only
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Self Employed Accepted
Scottish Widows Bank 2 year fixed for existing borrowers
Maximum LTV
120%
Initial rate
3.45% fixed until 31 Jan 2024
Subsequent rate (SVR)
3.59% variable
Overall cost for comparison
3.9% APRC
Available to existing borrowers not moving only.
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product feeNo fee
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 2.00% of amount paid, in the first year

- 1.00% of amount paid, in the second year

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Existing Borrowers Only
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Self Employed Accepted
Virgin Money 2 year BBR tracker for existing borrowers
Maximum LTV
200%
Initial rate
3.45% base rate tracker until 01 Feb 2024
Subsequent rate (SVR)
4.34% variable
Overall cost for comparison
4.1% APRC
Available on an interest only or repayment basis. For residential interest only and part and part loans there is a minimum combined gross income requirement of £75,000. Available to existing borrowers not moving only.
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product feeNo fee
Additional information

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Existing Borrowers Only
Max age at application68 years
Max age at term end75 years
Minimum Age18 years
Permanent UK Resident
Self Employed Accepted
Loughborough 3 year fixed
Maximum LTV
100%
Initial rate
3.49% fixed for 3 years
Subsequent rate (SVR)
5.34% variable
Overall cost for comparison
4.9% APRC
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product feeNo fee
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 3.00% of the original loan, in the first year

- 2.00% of the original loan, between 12 and 36 months

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Wales
First Time Buyers
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Remortgage Available
Self Employed Accepted
TSB 2 year fixed for existing borrowers
Maximum LTV
120%
Initial rate
3.49% fixed until 30 Nov 2023
Subsequent rate (SVR)
3.59% variable
Overall cost for comparison
3.6% APRC
Available to existing borrowers not moving only.
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product feeNo fee
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 2.00% of amount paid, before 30 Nov 2022

- then 1.00% of amount paid, until 30 Nov 2023

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Scotland
Available in Wales
Existing Borrowers Only
Max age at term end75 years
Minimum Age18 years
Permanent UK Resident
Self Employed Accepted
Scottish Widows Bank 5 year fixed for existing borrowers
Maximum LTV
120%
Initial rate
3.5% fixed until 31 Jan 2027
Subsequent rate (SVR)
3.59% variable
Overall cost for comparison
3.9% APRC
Available to existing borrowers not moving only.
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product feeNo fee
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 5.00% of amount paid, in the first year

- 4.00% of amount paid, in the second year

- 3.00% of amount paid, in the third year

- 2.00% of amount paid, in the fourth year

- 1.00% of amount paid, in the fifth year

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Existing Borrowers Only
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Self Employed Accepted
Scottish Widows Bank 5 year fixed for existing borrowers
Maximum LTV
120%
Initial rate
3.5% fixed until 31 Jan 2027
Subsequent rate (SVR)
3.59% variable
Overall cost for comparison
3.9% APRC
Available to existing borrowers not moving only.
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product feeNo fee
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 5.00% of amount paid, in the first year

- 4.00% of amount paid, in the second year

- 3.00% of amount paid, in the third year

- 2.00% of amount paid, in the fourth year

- 1.00% of amount paid, in the fifth year

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Existing Borrowers Only
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Self Employed Accepted
TSB 5 year fixed for existing borrowers
Maximum LTV
120%
Initial rate
3.54% fixed until 30 Nov 2026
Subsequent rate (SVR)
3.59% variable
Overall cost for comparison
3.6% APRC
Available to existing borrowers not moving only.
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product feeNo fee
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 5.00% of amount paid, before 30 Nov 2022

- then 4.00% of amount paid, until 30 Nov 2023

- then 3.00% of amount paid, until 30 Nov 2024

- then 2.00% of amount paid, until 30 Nov 2025

- then 1.00% of amount paid, until 30 Nov 2026

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Scotland
Available in Wales
Existing Borrowers Only
Max age at term end75 years
Minimum Age18 years
Permanent UK Resident
Self Employed Accepted
Barclays 5 year fixed
Maximum LTV
100%
Initial rate
3.7% fixed until 30 Nov 2026
Subsequent rate (SVR)
2.59% base rate tracker
Overall cost for comparison
3.1% APRC
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product feeNo fee
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 3.00% of amount paid, before 30 Nov 2026

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
First Time Buyers
Max age at term end70 years
Minimum Age18 years
Permanent UK Resident
Self Employed Accepted
Accord Mortgages 2 year fixed for existing borrowers
Maximum LTV
100%
Initial rate
4.19% fixed until 31 Jan 2024
Subsequent rate (SVR)
4.49% variable
Overall cost for comparison
4.4% APRC
Available via brokers only. Available to existing borrowers not moving only.
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product feeNo fee
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 2.50% of amount paid, before 31 Jan 2023

- then 1.50% of amount paid, until 31 Jan 2024

Other fees may apply.

Eligibility
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Broker Only
Existing Borrowers Only
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Self Employed Accepted
Accord Mortgages 2 year fixed for existing borrowers
Maximum LTV
120%
Initial rate
4.29% fixed until 31 Jan 2024
Subsequent rate (SVR)
4.49% variable
Overall cost for comparison
4.4% APRC
Available via brokers only. Available to existing borrowers not moving only.
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product feeNo fee
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 2.50% of amount paid, before 31 Jan 2023

- then 1.50% of amount paid, until 31 Jan 2024

Other fees may apply.

Eligibility
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Broker Only
Existing Borrowers Only
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Self Employed Accepted
TSB 5 year fixed for existing borrowers
Maximum LTV
120%
Initial rate
4.39% fixed until 30 Nov 2026
Subsequent rate (SVR)
4.44% variable
Overall cost for comparison
4.5% APRC
Available to existing borrowers not moving only.
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product feeNo fee
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 5.00% of amount paid, before 30 Nov 2022

- then 4.00% of amount paid, until 30 Nov 2023

- then 3.00% of amount paid, until 30 Nov 2024

- then 2.00% of amount paid, until 30 Nov 2025

- then 1.00% of amount paid, until 30 Nov 2026

Other fees may apply.

Eligibility
Available Direct
Available in England
Available in Scotland
Available in Wales
Existing Borrowers Only
Minimum Income£35,000
Permanent UK Resident
Self Employed Accepted
Accord Mortgages 2 year fixed for existing borrowers
Maximum LTV
120%
Initial rate
4.79% fixed until 31 Jan 2024
Subsequent rate (SVR)
4.49% variable
Overall cost for comparison
4.6% APRC
Available via brokers only. Available to existing borrowers not moving only.
More information
Application feeNo fee
Arrangement feeNo fee
Booking feeNo fee
Completion feeNo fee
Product feeNo fee
Additional information

Early repayment charge

If you pay all or part of your mortgage early you will be charged:

- 2.50% of amount paid, before 31 Jan 2023

- then 1.50% of amount paid, until 31 Jan 2024

Other fees may apply.

Eligibility
Available in England
Available in Northern Ireland
Available in Scotland
Available in Wales
Broker Only
Existing Borrowers Only
Max age at term end80 years
Minimum Age18 years
Permanent UK Resident
Self Employed Accepted

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Overall representative example

Based on borrowing£170,000 over 25 yearsThe overall cost of comparison3.65% APRC representative
Initial rate2.07% fixed for 2 years (24 instalments of £709.38pm)Subsequent rate (SVR)3.88% variable for the remaining 23 years (276 instalments of £875.92pm)
Lender fee£549Total amount payable£259,327.90

What is a no deposit mortgage?

A no deposit mortgage is when you borrow the whole value of the property's value, without putting up a deposit that you have saved yourself. These are often also known as '100% mortgages' or '0 deposit mortgages'.

The term '0% mortgage' is often mistakenly used to describe no deposit mortgages. A 0% LTV would imply that you're paying for the entire purchase value yourself, so you'd have no need to get a mortgage, but simply buy the property outright with cash.

Can you get no deposit mortgages?

Although rare now, it is still possible get mortgages for 100% of your house's value. In most cases, they are usually only available if you're an existing customer of the lender that offers the new 100% deal.

Lenders also usually require you to have a guarantor who is a homeowner. The guarantor can either be a friend of family member who is willing to put his own home at risk, in the event you default on your mortgage.

How do no deposit mortgages work?

Every mortgage has a loan to value (LTV), which is the percentage of your house's value that the mortgage pays for.

Usually a mortgage covers part of the property value and you pay the rest with a deposit you have saved or equity, which is the percentage of your home you already own.

100% LTV means the mortgage covers the whole amount. For example, if your house costs £180,000, you would borrow the full £180,000 through a 100% mortgage.

How to compare 100% mortgages

Use this comparison to find a no deposit mortgage if you have no equity in your home because its value is the same as the amount you owe. You could use one if:

Can you get a mortgage with no deposit for your first home?

The only 100% mortgages for first time buyers you could get as a first time buyer in the UK are guarantor mortgages. You can only get one if a parent or someone else is named on your mortgage to cover any payments you miss.

Most of the deals in this comparison are not guarantor mortgages, but you can find them and other deals designed to help you get on the property ladder using our first time buyer mortgage comparison.

Here are all your options for getting a mortgage without a deposit

Can you get mortgages for more than 100% LTV?

Yes, but only if you are an existing borrower getting a remortgage on your current property.

For example, if your house has gone down in value, you could owe more on your mortgage than your house is worth. This is called negative equity.

If your home is now valued at £150,000 but you owe £180,000 on your mortgage, you need a 120% LTV deal if you get a remortgage.

Here is what to do if you are in negative equity but want to sell

No deposit mortgages FAQs

Yes, if you have a guarantor. You need at least a 5% deposit for other mortgages, but some come with schemes to help you buy your first home.

Here is how to save up for a deposit. Saving a 5% deposit gives you a better chance of being accepted and could help you get a 5% shared ownership mortgage.

No, you always need a deposit or equity in your current home to get an interest only mortgage.

No, you always need a deposit to get a buy to let mortgage. Most require at least a 20% deposit.

Yes, your credit record does matter. Lenders will want to see proof of your ability to keep up your mortgage repayments. They will take a look at your spending habits and assess your affordability, which may impact how much you can borrow. Here is more on why your credit record matters.

You usually need at least a 15% deposit to get a bad credit mortgage. Compare deals here if you have bad credit.

Check if you can afford one by working out how much you earn and spend. Compare this to how much buying a home will cost you.

About our mortgage comparison

We include mortgages from every lender in the UK. They are all from lenders regulated by the Financial Conduct Authority. Here is more information about how our website works.

We have commercial agreements with some of the companies in this comparison and get paid commission if we help you take out one of their products or services. Find out more here.
You do not pay any extra and the deal you get is not affected.

Last updated: 11 October, 2021

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