--- title: "No Deposit Mortgage UK 2026 — 100% LTV Lenders & Options | First Rung Now" description: "No deposit mortgage UK 2026: every 100% LTV product (Skipton Track Record, Family Springboard, guarantor), the rates, criteria and trade-offs." lang: en-GB json-ld: | [ { "@context": "https://schema.org", "@type": "Organization", "name": "First Rung Now", "url": "https://firstrungnow.com", "description": "Independent UK mortgage education and broker matching service.", "address": { "@type": "PostalAddress", "addressCountry": "GB" } }, { "@context": "https://schema.org", "@type": "WebSite", "name": "First Rung Now", "url": "https://firstrungnow.com" }, { "@context": "https://schema.org", "@type": "Article", "headline": "No Deposit Mortgage", "description": "No deposit mortgage UK 2026: every 100% LTV product (Skipton Track Record, Family Springboard, guarantor), the rates, criteria and trade-offs.", "author": { "@type": "Organization", "name": "First Rung Now" }, "publisher": { "@type": "Organization", "name": "First Rung Now", "url": "https://firstrungnow.com" }, "mainEntityOfPage": "https://firstrungnow.com/no-deposit-mortgage", "datePublished": "2026-06-15", "dateModified": "2026-06-15", "inLanguage": "en-GB" }, { "@context": "https://schema.org", "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://firstrungnow.com/" }, { "@type": "ListItem", "position": 2, "name": "Mortgage Guides", "item": "https://firstrungnow.com/mortgage-guides" }, { "@type": "ListItem", "position": 3, "name": "No Deposit Mortgage", "item": "https://firstrungnow.com/no-deposit-mortgage" } ] }, { "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [ { "@type": "Question", "name": "Can you get a no deposit mortgage in the UK in 2026?", "acceptedAnswer": { "@type": "Answer", "text": "Yes, but only through specific 100% LTV products. The main active routes in 2026 are Skipton Building Society's Track Record Mortgage (for renters with a 12-month rental history), Barclays Family Springboard (parental savings used as security), and a handful of family-deposit / family-assisted products from regional building societies. True no-deposit options without family support are limited to Skipton's Track Record." } }, { "@type": "Question", "name": "What is the Skipton Track Record Mortgage?", "acceptedAnswer": { "@type": "Answer", "text": "Skipton's 100% LTV mortgage launched in 2023 specifically for tenants who can prove 12 months of consecutive rent payments at or above the proposed monthly mortgage payment. No deposit required, no family security needed. Available to first-time buyers aged 21+ with clean credit. Max loan ≈ 4.49× income." } }, { "@type": "Question", "name": "Are no deposit mortgages risky?", "acceptedAnswer": { "@type": "Answer", "text": "Yes, materially. With 0% equity, even a small house price fall puts you into negative equity — you owe more than the home is worth, which traps you in the property and the rate. Rates on 100% LTV products are also higher than 90%/95% LTV. The trade-off can still be worth it where rent equals or exceeds the mortgage payment." } }, { "@type": "Question", "name": "What's the difference between a 100% mortgage and a guarantor mortgage?", "acceptedAnswer": { "@type": "Answer", "text": "A 100% mortgage lends the full purchase price to the buyer with no third-party security. A guarantor mortgage requires a family member (usually a parent) to guarantee the loan — sometimes by depositing savings (Barclays Family Springboard), giving a charge over their property (Family Building Society guarantor), or being added as a borrower (JBSP)." } }, { "@type": "Question", "name": "Do you pay more interest on a no deposit mortgage?", "acceptedAnswer": { "@type": "Answer", "text": "Yes. 100% LTV products typically price 0.30%–0.80% above equivalent 95% LTV deals, and 0.60%–1.30% above 85% LTV. On a £200,000 mortgage over 30 years, a 0.50% rate premium adds approximately £60 per month and £21,000 over the term." } }, { "@type": "Question", "name": "Can I get a no deposit BTL mortgage?", "acceptedAnswer": { "@type": "Answer", "text": "No — UK buy-to-let lenders require minimum 20%–25% deposit. The only ways to acquire a BTL without your own cash are: equity from another property (bridging into BTL), inherited property, or family-funded gifts/loans. There is no 100% LTV BTL product in the UK." } } ] } ] --- [Skip to content](#main) [![First Rung Now](/assets/logo-mark-BqLOgqvj.png) First Rung Now UK Mortgage Guides ](/) - Mortgages - Remortgages - Buy To Let - Bad Credit - Calculators - Guides - [Find a Broker](/find-a-mortgage-broker) - [About](/about) [Speak to a Vetted Broker](/find-a-mortgage-broker) 1. [Home](/) 2. [Mortgage Guides](/mortgage-guides) 3. No Deposit Mortgage UK Mortgage Guide # No Deposit Mortgage UK: 100% LTV Products, Trade-Offs and Who Qualifies A no deposit mortgage — sometimes called a 100% LTV mortgage — lets you buy a home without putting down any of your own cash. After almost a decade off the market following the 2008 crash, 100% LTV products quietly returned in the UK in 2023 and remain available in 2026 through a small group of specialist and family-assisted routes. This guide explains every active option, how each works, what they cost, who qualifies, and whether the trade-offs make sense for your situation. First Rung Now Editorial Updated 15 June 2026 7 min read On this page 1. [Key takeaways](#key-takeaways) 2. [The active no-deposit routes in 2026](#the-active-no-deposit-routes-in-2026) 3. [1\. Skipton Track Record Mortgage](#1-skipton-track-record-mortgage) 4. [2\. Barclays Family Springboard](#2-barclays-family-springboard) 5. [3\. Family Building Society — Family Mortgage / Guarantor](#3-family-building-society-family-mortgage-guarantor) 6. [4\. Right to Buy 100% mortgages](#4-right-to-buy-100-mortgages) 7. [5\. Shared ownership (often confused with 100% LTV)](#5-shared-ownership-often-confused-with-100-ltv) 8. [Speak with a vetted mortgage broker about no deposit and 100% LTV mortgages in the UK](#speak-with-a-vetted-mortgage-broker-about-no-deposit-and-100-ltv-mortgages-in-the-uk) 9. [Worked example: Skipton Track Record vs renting](#worked-example-skipton-track-record-vs-renting) 10. [The trade-offs to think about hard](#the-trade-offs-to-think-about-hard) 11. [If 100% LTV isn't right, the next-best low-deposit options](#if-100-ltv-isnt-right-the-next-best-low-deposit-options) 12. [Pros](#pros) 13. [Cons](#cons) 14. [Frequently asked questions](#frequently-asked-questions) 15. [Can you get a no deposit mortgage in the UK in 2026?](#can-you-get-a-no-deposit-mortgage-in-the-uk-in-2026) 16. [What is the Skipton Track Record Mortgage?](#what-is-the-skipton-track-record-mortgage) 17. [Are no deposit mortgages risky?](#are-no-deposit-mortgages-risky) 18. [What's the difference between a 100% mortgage and a guarantor mortgage?](#whats-the-difference-between-a-100-mortgage-and-a-guarantor-mortgage) 19. [Do you pay more interest on a no deposit mortgage?](#do-you-pay-more-interest-on-a-no-deposit-mortgage) 20. [Can I get a no deposit BTL mortgage?](#can-i-get-a-no-deposit-btl-mortgage) 21. [Related guides](#related-guides) 22. [No Deposit Mortgage for First-Time Buyers](#no-deposit-mortgage-for-first-time-buyers) 23. [Family Springboard Mortgage](#family-springboard-mortgage) 24. [JBSP Mortgage Calculator](#jbsp-mortgage-calculator) ### First-time buyers — related reads MIPs, deposits, schemes and the UK buying process. - [Does an MIP include your deposit? Why your MIP is the loan only, and how to work out your real purchase budget. ](/mortgage-in-principle-deposit) - [House buying timeline What actually happens — and how long it takes — between offer accepted and keys. ](/house-buying-timeline) - [£300k home loan Salary, deposit, monthly cost and stamp duty for a £300,000 mortgage. ](/300k-home-loan) - [Help to Buy calculator Equity loan repayment maths and the schemes that replaced Help to Buy in England. ](/help-to-buy-calculator-mortgage) - [No deposit FTB mortgage Skipton Track Record, Family Springboard and FTB-specific 100% LTV routes. ](/no-deposit-mortgage-for-first-time-buyers) Explore the hubs [Mortgages explained](/mortgages)[Remortgages](/remortgages)[Buy-to-let mortgages](/buy-to-let)[Bad credit mortgages](/bad-credit-mortgages)[Mortgage calculators](/mortgage-calculators)[All mortgage guides](/mortgage-guides)[Find a mortgage broker](/find-a-mortgage-broker) ## Key takeaways - 100% LTV is rare but real — Skipton Track Record is the only no-family-support option. - Family-assisted 100% LTV: Barclays Family Springboard, Family Building Society guarantor. - Rate premium vs 95% LTV: 0.30%–0.80%; vs 85% LTV: 0.60%–1.30%. - Negative equity risk is material — a 5% price fall traps you. - Buy-to-let 100% LTV does not exist in the UK. ## The active no-deposit routes in 2026 Want a vetted broker to help with The active no-deposit routes in 2026? Free FCA-regulated introduction. We carefully check the broker matches your scenario — no pressure, no upfront fees. [Match me with a broker](/find-a-mortgage-broker) ### 1\. Skipton Track Record Mortgage Launched May 2023 and the headline true no-deposit product. Criteria: - First-time buyer only, aged 21+. - UK resident, no adverse credit (no defaults, CCJs or missed payments in last 6 months). - 12+ consecutive months of rental payments to a landlord/letting agent, each ≥ proposed mortgage payment. - 12+ months of paying household bills (council tax, utilities). - Maximum mortgage 4.49× income. - Maximum loan typically £600,000 (excluding new-build flats — capped lower). - Repayment only — no interest-only. Rate in 2026: typically a 5-year fix in the 5.45%–5.85% range. Skipton remains the only lender offering true no-deposit lending to renters without family security. ### 2\. Barclays Family Springboard 100% LTV by combining a 100% mortgage for the buyer with 10% of the purchase price placed in a Barclays Helpful Start savings account by a family helper for 5 years. The helper earns interest; the cash returns at the end of the term assuming payments stay on track. See our full [Family Springboard guide](/family-springboard-mortgage). ### 3\. Family Building Society — Family Mortgage / Guarantor Up to 100% LTV using either parental savings (lodged) or a charge over a parent's property. Flexible criteria; older parents accepted; multiple structures combined. ### 4\. Right to Buy 100% mortgages Council and housing association tenants exercising Right to Buy can use the discount as their 'deposit' — effectively 100% LTV on the discounted purchase price. Lenders: Halifax, Kensington, BM Solutions, Pepper. ### 5\. Shared ownership (often confused with 100% LTV) Not technically 100% LTV but functionally low-deposit: you buy 25%–75% of a property and pay rent on the rest. Deposits as low as 5% of the share you buy — sometimes £2,000–£5,000 in cash. Vetted UK Broker Match ### Speak with a vetted mortgage broker about no deposit and 100% LTV mortgages in the UK Free, no-obligation introduction to an FCA-regulated adviser with experience in your specific scenario. We've done the due diligence so you don't have to. - FCA-regulated only - Typical reply in 1 working day - No upfront fees [Match me with a broker](/find-a-mortgage-broker) ## Worked example: Skipton Track Record vs renting First-time buyers · keep reading - [Does an MIP include your deposit? Why your MIP is the loan only, and how to work out your real purchase budget. ](/mortgage-in-principle-deposit) - [House buying timeline What actually happens — and how long it takes — between offer accepted and keys. ](/house-buying-timeline) Browse the full hub: [Mortgages explained](/mortgages) Want a vetted broker to help with Worked example: Skipton Track Record vs renting? Free FCA-regulated introduction. We carefully check the broker matches your scenario — no pressure, no upfront fees. [Match me with a broker](/find-a-mortgage-broker) A tenant paying £1,250/month rent for 18 months in Birmingham wants to buy a £190,000 flat. Track Record at 5.65% over 35 years = monthly payment ≈ £1,138. They qualify because £1,250 rent ≥ £1,138 mortgage payment. Net monthly outflow drops by £112 and they begin building equity from month one — though they take on full repair, ground rent, service charge and insurance risk. ## The trade-offs to think about hard Want a vetted broker to help with The trade-offs to think about hard? Free FCA-regulated introduction. We carefully check the broker matches your scenario — no pressure, no upfront fees. [Match me with a broker](/find-a-mortgage-broker) 1. **Negative equity risk.** Zero deposit means any price fall puts you under water. A 5% drop on £200,000 = £10,000 negative equity. You can't remortgage, can't easily move, and are stuck on the lender's SVR if your fixed rate expires while underwater. 2. **Higher rate.** 100% LTV is the most expensive band on the rate ladder by 0.30%–0.80% over 95%. 3. **Tighter affordability.** Lenders cap income multiples lower (typically 4.49× vs 4.75× elsewhere) to compensate for risk. 4. **Stamp duty.** No deposit doesn't mean no other costs — SDLT (if any), legal fees (£1,500–£2,500), survey (£400–£1,000), and moving costs still need cash. 5. **New-build restrictions.** Most 100% LTV products exclude new-build flats or cap loans much lower on new-builds. ## If 100% LTV isn't right, the next-best low-deposit options First-time buyers · keep reading - [£300k home loan Salary, deposit, monthly cost and stamp duty for a £300,000 mortgage. ](/300k-home-loan) - [Help to Buy calculator Equity loan repayment maths and the schemes that replaced Help to Buy in England. ](/help-to-buy-calculator-mortgage) Browse the full hub: [Mortgages explained](/mortgages) Want a vetted broker to help with If 100% LTV isn't right, the next-best low-deposit options? Free FCA-regulated introduction. We carefully check the broker matches your scenario — no pressure, no upfront fees. [Match me with a broker](/find-a-mortgage-broker) - **5% deposit (95% LTV):** Mortgage Guarantee Scheme lenders — Lloyds, Halifax, NatWest, Santander, Barclays. - **Shared ownership:** 25%–75% share, 5% deposit on the share. - **JBSP (Joint Borrower Sole Proprietor):** Parent boosts affordability without going on title — see [JBSP calculator](/jbsp-mortgage-calculator). - **Family gift deposit:** Gifted deposit from parents — fastest route to lower-LTV pricing. - **First Homes scheme:** 30%–50% discount on selected new-builds. ### Pros - Buy now without years of additional saving. - Build equity from day one instead of paying landlord rent. - Skipton Track Record needs no family financial involvement. - Family-assisted options return cash to helper after 5 years. - Right to Buy at 100% LTV uses the discount as effective deposit. ### Cons - 0% equity buffer — material negative-equity risk. - 0.30%–0.80% rate premium over 95% LTV products. - Lower income multiples cap your maximum loan. - New-build flats often excluded or capped lower. - Limited lender choice — only a handful of products active. ## Frequently asked questions ### Can you get a no deposit mortgage in the UK in 2026? ### What is the Skipton Track Record Mortgage? ### Are no deposit mortgages risky? ### What's the difference between a 100% mortgage and a guarantor mortgage? ### Do you pay more interest on a no deposit mortgage? ### Can I get a no deposit BTL mortgage? ## Related guides [ ### No Deposit Mortgage for First-Time Buyers Targeted 100% LTV guidance for FTBs. Read guide ](/no-deposit-mortgage-for-first-time-buyers)[ ### Family Springboard Mortgage Barclays' 100% LTV family-assisted product. Read guide ](/family-springboard-mortgage)[ ### JBSP Mortgage Calculator Boost affordability without family deposit. Read guide ](/jbsp-mortgage-calculator) First Rung Now Independent UK mortgage education and broker matching. We don't sell mortgages — we help you understand them, then connect you with vetted advisers. 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