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A MAJOR lender has launched a new zero deposit mortgage for Right to Buy home loans. Barclays has said people applying for a Right to Buy mortgage with the bank no longer needs to put down a deposit.

Barclays offering zero-deposit mortgages to right to buy customers - Previously, Barclays has required a 5% deposit for the deals, but it said people will no longer be required to put down a deposit.

“Consumers need to be smarter, if something appears too good to be true, they need to kick the tires more carefully. If they ...

Barclays has said people applying for a right to buy mortgage with it will no longer need to put down a deposit. Right to buy (RTB) enables tenants to buy their council home at a discount.