Lloyds Bank launches new 100% mortgage with NO deposit – but your parents must sign up 10% of their savings

BRITS struggling to get the money together for a deposit can now get a mortgage without one – as long as a family member contributes 10 per cent of the property purchase price from their own savings.

But as a perk for lending the cash, the new “Lend A Hand” mortgage from Lloyds Bank will pay family members 2.5 per cent in interest on the money they deposit.

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