Access FS comment on the latest Rightmove HPI

13 June 2025

Nick Jones the mortgage sales and marketing director of Access FS, said:

“First-time-buyers who want to take advantage of opportunities out there could do worse than investigate some of the low-deposit mortgage products out there at the moment. High LTV mortgages, including 97%, 99% and even 100% LTV options, have seen a resurgence recently. Lenders such as April Mortgages, Vida Homeloans, Gable Mortgages, Halifax and Accord Mortgages are offering innovative solutions that balance risk and opportunity, products designed for tenants who demonstrate financial responsibility but who struggle to save a substantial deposit amid rising rents and living costs. Gable Mortgages, for instance, has two 0% deposit, five-year fixed products: a standard option at 6.29% and a new-build version at 5.99%, with loans up to £1 million. These high LTV mortgages could offer hope to responsible, mortgage-ready FTBs – hindered only by the deposit barrier – enabling them to capitalise on a temporary dip in June prices as new sellers adjust their expectations.”