100 percent mortgages are currently highly sought after, due to probably the difficulty in sourcing and finding lenders who are prepared to fund an investment property or mortgage for 100%.

These 100 percent mortgages are reduced due to the large amount of increase into the property or home buying market, where the market is overvalued and the investment houses fear that their investments will fall, since the prices of housing at present are so high.

Borrowers on the other hand, are struggling since there is not a lot of disposable cash available, and so the ability to raise the necessary downpayment for a mortgage deposit is proving harder to do.

The verdict is out as to whether anyone is offering 100 percent mortgages at the moment, but you can always improve your chances of mortgage approval by ensuring that your credit is spot on and everything is paid uptodate, that you are not heavily in debt, and you can therefore demonstrate that you are able to repay the mortgage debt over the term specified.