The April Mortgages No Deposit mortgage is exactly what it sounds like. A mortgage. With no deposit. 0%. And it’s still available right now.
You’ve probably seen us talk about this on social media, and we are still just as excited about it now as when our CEO, Sarah Tucker, went on This Morning to talk about it. Because it changed everything for so many people.
The April Mortgages No Deposit mortgage is exactly what it sounds like. A mortgage. With no deposit. 0%. And it’s still available right now.
Here’s everything you need to know.
What Is a No Deposit Mortgage?
A No Deposit mortgage, sometimes called a 100% mortgage, means you borrow the full value of the property you want to buy. You don’t need to put any money down as a deposit upfront.
For so many people, especially first-time buyers, the deposit has been the biggest barrier to homeownership. House prices have gone up, rents are sky high, and saving tens of thousands of pounds whilst paying someone else’s mortgage just feels impossible.
April Mortgages heard that. And they built something different.
How Does It Work?
April’s No Deposit mortgage is a clean, straightforward product. No gimmicks. No complicated conditions. Here’s what you get:
Fixed rates for 10 or 15 years — your monthly payment stays the same, giving you real long-term certainty. No nasty surprises when a short-term deal ends.
Your rate automatically drops as you pay off more — as your loan-to-value reduces, so does your rate. You’re rewarded for paying down your mortgage without having to do anything.
No early repayment charges when moving home — life happens, and if you need to move, you won’t be penalised for it.
Unlimited overpayments — if you come into extra money and want to pay your mortgage down faster, you can. Whenever you like.
It’s available for home purchases only — so this is for people buying a property, not remortgaging an existing one.
Who Is It For?
This mortgage is designed for people with a steady income and a clean credit history who are ready to get on the property ladder but haven’t been able to save a deposit.
To be eligible, you need to:
- Be a UK resident
- Be aged 75 or under (no older than 80 at the end of the mortgage term if applying jointly)
- Have a minimum household income of £24,000
- Be buying a house (not a flat or new build) valued at £75,000 or more that will be your main residence
- Have a good credit history — April will run a credit search at the Decision in Principle stage
If you tick those boxes, this could genuinely be your route into homeownership.
What Are the Costs Involved?
The biggest thing I want to be clear about: while you don’t need a deposit, there are still other costs involved in buying a home. These can include:
- Stamp Duty Land Tax (though many first-time buyers get relief on this)
- Valuation fees
- Legal/solicitor fees
- Moving costs
These are the same costs you’d face with any mortgage purchase — but it’s important to budget for them. As your mortgage adviser, we’ll make sure you go into this with a clear picture of all the costs involved.
What Are the Risks?
I always believe in being completely honest with you — it’s the whole reason I started The Mortgage Mum. So let’s talk about the risks too.
Because you’re borrowing 100% of the property’s value, there is a risk of negative equity, this is where house prices fall and you end up owing more than your home is worth. This can make it harder to move or remortgage in the future.
That’s why April take responsible lending incredibly seriously. They follow strict FCA guidelines, carry out detailed affordability checks, and assess not just whether you can afford it now, but whether you can afford it in the long run.
And if things do change, if life throws you a curveball, April’s Customer Support Team is there. They’ll reach out proactively if there are concerns, and you can contact them at any time.
Like any mortgage, your home may be repossessed if you don’t keep up repayments. This is why it’s so important to get proper mortgage advice before you proceed — which is exactly what we’re here for.
Why You Need a Mortgage Adviser (And Why That’s a Good Thing)
April’s No Deposit mortgage is only available through qualified mortgage advisers, not directly. And I think that’s the right call.
A mortgage adviser will:
- Review your income, outgoings, and credit profile
- Confirm whether this product is right for your circumstances
- Explain all the features, costs, and risks clearly
- Guide you through the full application process
- Help you avoid costly mistakes
We are proud to be on April’s select broker panel, which means we can offer you this product directly. So if you’re reading this and wondering whether you could qualify, the answer is: let’s find out together.
Is This the Right Mortgage for You?
If you’ve been told homeownership isn’t possible for you because you haven’t got a deposit saved, I want you to read this again.
✅ Steady income of £24,000+ as a household? Check.
✅ Clean credit history? Check.
✅ Want to buy a house in the UK? Check.
Then this could be your moment.
One year on, this product has helped real people get real keys in real hands. People who had given up. People who were watching the goalposts move further away every year.
It’s still here. And so are we.
Ready to Find Out If You Qualify?
Get in touch with us at The Mortgage Mum today. As part of April’s select broker panel, we can assess your situation and walk you through whether the No Deposit mortgage is right for you.
Book a free initial consultation
Your home may be repossessed if you don’t keep up repayments. A 100% Loan-to-Value mortgage means you are borrowing the full value of your property, which increases the risk of negative equity if property prices fall. The Mortgage Mum is an appointed representative of Mortgage Advice Bureau, which is authorised and regulated by the Financial Conduct Authority.
