Loans
The days of borrowing 100% of the purchase price without any proof of savings are gone. Unfortunately, due to the global financial crisis, there are no lenders able to fund these types of loans.
However, you can still get approved for a 100% loan if you get a little creative or if you have help from your parents!
6 Ways To Do ItGetting ApprovedFAQ
Option 1: 105% guarantor loan
You can borrow 105% of the purchase price
You don’t need any savings
Your parents must provide a guarantee, secured on their property
This is the best way to buy a property with no deposit!