90% mortgages allow people to buy property with only a 10% deposit. This is ideal for many people including first time buyers who want to get on the property ladder. There are a lot of banks and buildings societies to choose from which many offer very competitive products and some offering incentives specifically aimed for first time buyers. For example some lenders offer free surveys, cashback offers or indeed are happy to pay for your stamp duty, depending on the product you choose.
The application process is identical to a standard mortgage application so when speaking to banks it is important you highlight your individual circumstances because at 90% lenders are more cautious.
We have a range of calculators to help make things simpler for you, from calculating payments to understanding how much your stamp duty may be. These calculators are for guidance purposes only.
Our mortgage brokers offer mortgage advice on a wide variety of mortgages, more detailed information about the different mortgages can be found below.