Are 100% Mortgages Gone For Good?

100% mortgages were a type of mortgage product very popular with first time buyers. They enabled you to borrow the full value of a property in a mortgage loan. In other words, if you were purchasing a property for 150,000 with a 100% mortgage you would not need to find a deposit. The mortgage lender would provide you with a mortgage for the full 150,000 amount.