Table of Contents
1. Introduction
2. 100% Mortgages Make a Comeback
3. Improved Affordability: You Could Borrow More Than You Think
4. Nationwide and Rightmove: A Tool With Caution
5. Top Tip: Get ‘Document Ready’ to Avoid Missing the Best Deals
6 How EHF Mortgages Can Help
Introduction
The mortgage world never stands still and May 2025 was no exception. In this month’s episode of Mortgages with Moysie, Justin Moy, our trusted mortgage expert, breaks down the biggest changes affecting homebuyers, homeowners, and landlords. From 100% mortgage products to interest rate movements, Justin offers expert insight and a must-know top tip to help you save money on your next deal.
100% Mortgages Make a Comeback
The standout story this month? Two lenders have reintroduced 100% mortgages to the market. These products are designed to help first-time buyers or renters who are struggling to raise a deposit. While 100% mortgages were once common (and controversial), these new versions offer more structure and safeguards.
So what’s the benefit? With no deposit required, you might not need to rely on the Bank of Mum and Dad. It can help you move quicker, gain independence, and secure a home even if saving for a deposit feels out of reach.
Are there risks? Yes. Some of these mortgages still require parents to act as guarantors or offer savings as security. Unlike the 125% mortgages of the 2000s which often led to financial strain today’s 100% options are more carefully assessed. Still, speaking to an independent broker is essential before committing.
Improved Affordability: You Could Borrow More Than You Think
Many lenders are now offering improved affordability calculations. That’s industry-speak for being able to borrow more. You might be eligible to borrow an extra £20,000–£30,000, which could be the difference between buying a flat or a house or between buying now rather than waiting another year.
Your monthly commitments, income, and outgoings all play a part. But with over 100 lenders at our fingertips, we can often find one that offers significantly more than another. A quick 30-minute chat could reveal options you didn’t know were available.
Rate Round-Up: Why Base Rates Fell But Mortgage Rates Rose
In May, the Bank of England base rate fell but fixed mortgage rates rose. Why the contradiction? It’s because fixed-rate mortgages are driven by the interbank cost of borrowing (called swap rates), not the base rate directly.
If lenders anticipate rising inflation or increased risk, they raise rates pre-emptively. So even though the base rate dropped, lenders hiked fixed rates in response to market signals.
This highlights why expert guidance matters: a broker will help you choose the right mortgage product based on your personal circumstances, rather than reacting blindly to headlines.
Nationwide and Rightmove: A Tool With Caution
You might’ve noticed a new Nationwide mortgage eligibility tool on Rightmove listings. While helpful, it only reflects Nationwide’s lending criteria not the whole market. So if it says a property is “unmortgageable,” don’t panic.
Some lenders will say yes where others say no. It could be due to unusual materials (like concrete construction), location (e.g. near an airport or in a flood zone), or leasehold details. We’ve seen these cases many times and know which lenders to go to.
Best Advice? Don’t Rely on One Opinion
A single lender’s rejection doesn’t mean your dream home is out of reach. With access to a wide lender panel, we can often find you a “yes” when others say “no.” Just book a call and let us do the heavy lifting.
Find Out What You Can Borrow, The Smart Way
Our online mortgage calculator gives a great starting point, but nothing beats a personal consultation. We’ll factor in your income, lifestyle, debts, and goals to find the best possible mortgage tailored to you.
Top Tip: Get ‘Document Ready’ to Avoid Missing the Best Deals
Justin’s top tip this month is simple: be document ready. In today’s fast-moving market, rates change rapidly. If your paperwork isn’t ready, you could miss out on the best deal and that could cost you thousands.
You’ll typically need:
- Proof of income (e.g. payslips or self-assessment records)
- 3+ months of bank statements in PDF format
- Up-to-date photo ID with the correct address
Being ready can mean the difference between securing a deal or watching it vanish overnight. Just a 0.25% rate change on a £250,000 mortgage could mean paying over £4,000 more over five years.
Want help getting prepared? Download our free document checklist here
How EHF Mortgages Can Help
Wrap-Up: Your Mortgage Journey Starts with EHF
Whether you’re eyeing a 100% mortgage, concerned about affordability, or just need expert guidance, EHF Mortgages is here to help. Our decades of experience and whole-of-market access means we’ll always find the most suitable option for you.
Need help fast? CLICK HERE and to get booked in today.
Ready to get started? Contact EHF Mortgages today to discuss your new build plans and secure the
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