It is been reported government is planning to introduce new 99% LTV mortgage with 1 % deposit to help first time buyer to be on the property ladder.

This could be announced in spring budget in march. The main aim is the help first time buyer with property purchase by removing the deposit barrier which will required only 1 % deposit and government will back mortgage guarantee.

Are 99% mortgage any good ?

It is still in pipeline but many expert are not in favour of low deposit mortgage. The 99% mortgage may work in some areas but in London were property prices are very high, First time buyer may have 1% deposit mortgage, but may struggle with affordability and never able to afford it.

Secondly, if the property market does not recover and prices keep going down, then all the first time buyer with 99% mortgage will be pushed in negative equity which is great danger as they may trap in as mortgage prisoner.

Interest rates on high loan to value mortgage are always higher, which may deter first time buyer stepping on property ladder as monthly mortgage payment will be big chunk of their income.

It is not all bad news about the 99% mortgage as it could help renters who struggle to save for deposit. Looking at the property market saving 10% deposit will take ages for normal earners in current market conditions.

Whether 99% market will add fuel to property market or it will be helpful to renters, we would soon see the results in coming months.

What Our Clients Say

27 May 2026

Great Service, very responsive

Great Service, very responsive - helped us in securing a very good mortgage!

Lisa Sophie

23 May 2026

Amazing Service

Amazing Service and very efficient, would recommend for any financial and mortgage advice

Nalika A

8 Apr 2026

Mortage Offer Secured!

Great job with helping us securing a mortgage. The MariannaFS Team done great, effectively answered all queries and supported me throughout the whole process.

B Kemal

7 Feb 2026

This was my first time dealing with…

This was my first time dealing with MarinnaFS, and the experience was excellent. Mr Milton handled my case and provided a very professional service throughout. He was always proactive, understood my busy schedule, and kept me informed at every stage of the process. Even when I couldn’t follow up due to work commitments, he ensured I was fully updated and supported. I really appreciated his professionalism, reliability, and attention to detail.

Sal Kh

17 Jan 2026

Supportive and helpful

The team at MariannaFS was fantastic. As a first time buyer, the process itself can be overwhelming and stressful, however getting my mortgage in place has made everything else go by smoothly. Throughout, the team was very caring and attentive, and would always answer any questions I had. Thank you so much to Milton and Jeanal for all your help. Would highly recommend to anyone!

Angelica Di Domenico Charry

8 Nov 2025

Great experience

Great experience with Marianna Financial! Nelson was very professional and extremely informative throughout the entire process. His quick responses and regular checks kept me in the loop every step of the way, making everything smooth and easy to understand. I couldn’t recommend them enough — thank you so much, Nelson!

Eric

30 Sep 2025

As a first time buyer we were re…

As a first time buyer we were referred to MariannaFS. Milton and his colleagues have been incredibly supportive during the process. We are very happy with their support and services. I am very confident in that they always do an excellent job. Highly recommend their services

Bahman Tahir

29 Aug 2025

Milton has been an incredible he…

Milton has been an incredible help to our entire family with property advice and mortgage support over these months. He’s knowledge, honesty, and dedication truly set them apart. Every experience has been smooth and stress-free, and we always felt well looked after. We’re so grateful for their support and wouldn’t hesitate to recommend them to anyone looking for expert mortgage advice. Thank you

Cruz

1 Jul 2025

I had a great service from Milto…

I had a great service from Milton. My case was a difficult one, but he managed to get a mortgage offer for me as he promised. I was so nervous about going through the whole process by myself, but thanks to Milton's calm and professional attitude, it went all smoothly. I cannot recommend highly enough for his service.

Mioko Fujisaki

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As a mortgage is secured against your home, it may be repossessed if you do not keep up the mortgage repayments