If you're a first time buyer the opportunity to get onto the property ladder is still available with a 10 per cent deposit with The Cumberland.

The buoyant housing market has led to a shortage of low deposit mortgages nationally among high street lenders.

It was an issue highlighted by Boris Johnson as he announced plans to help ‘Generation Rent’ become homeowners.

The Prime Minister promised action to help young people get on the property ladder by ensuring they had access to low deposit mortgages, adding that he wanted to help create two million new homeowners.

The Cumberland agrees that first time buyer need low deposit mortgages and is one of the few banks and building societies that requires a deposit of just 10 per cent for mortgages.

For more information visit The Cumberland's website.