You want to buy your home, but do not have the funds available to pay the initial deposit.

A 100% mortgage is where the mortgage lender pays you the full amount that the property costs or up to 125% of the property value in some circumstances.

The cons to getting 100% mortgage are:

• You may be charged a higher interest rate.
• You may have to pay a mortgage indemnity guarantee or higher lending fee. This is a one off fee payable to the lender and can be expensive.

If you don't have enough spare cash then a 100% mortgage is your only realistic option. Simply tell us about your circumstances and WMS will source the most suitable mortgage package for you.