Major lender launches no deposit mortgage that is ‘life-changing’ for first-time buyers

A LENDER has launched a new 100% mortgage which would allow people to buy a home without a deposit.

The new deal from April Mortgages is aimed at helping out first-time buyers or home movers who can afford to make monthly mortgage repayments but are struggling to stump up a deposit.

GettyFirst-time buyers have been given a boost as they could buy a home without a deposit[/caption]

They would need to have a household income of at least £24,000 and be looking to buy or remortgage...