Overview

• There are now 442 mortgage deals available at the 95% loan-to-value (LTV) tier, the highest since March 2008, according to Moneyfacts data.
• Lenders are introducing innovative options, including zero-deposit mortgages for right-to-buy customers, aimed at stimulating housing market activity.
• Low-deposit mortgages come with higher interest rates, with 5% deposit deals averaging 4.84%, significantly higher than rates for larger deposits.
• First-time buyers face increased risks of negative equity, particularly with high LTV loans, as property prices remain high and affordability pressures persist.
• The average asking price for a home in the UK has risen to £377,182, further complicating affordability despite the expanded range of mortgage products.