The answer at the moment is simple (apart from one possible exception)** - NO!!!.

A very few lenders are offering 90% mortgages to applicants who are 'squeaky clean' have an unblemished  track record and have a steady job with a good income. If you can raise a 10% deposit, it is at least worth enquiring, if only to compare what a mortgage would cost in comparison with any rent you may be paying. 

Whilst this is the position at the moment, the government are trying to 'lean' on the various lenders to encourage them to do more to help those with little or no deposit and all we can say is - watch this space - as there could well be more favourable terms available in the not too distant future.

 We suggest you sign up for our newsletter if this matter concerns you as this will enable you to receive from us the very latest mortgage information.  You can do this by providing your details on the front page of the site.

 Afraid it's a question of battening down the hatches, looking to family and friends if possible and fill that piggy bank as fast as you can, if you can't raise a 10% deposit.

 How things have changed in little over a year or so. These Yanks have a lot to answer for!

** 100% mortgages are sometimes available to council tenants wanting to buy their council property under the right to buy schemes