Natwest is the latest bank to announce that it will be offering mortgages to first time buyers and home movers with deposits of just 10% of the property’s value. Banks have been reluctant to offer high loan to value mortgages since the start of the summer amidst fears of falling house prices and a flat property market. However, following months of pent up demand and the removal of stamp duty on homes priced up to £500k, the market has seen an unanticipated spike with buyer demand up 53% and average asking prices up 6.6% compared to 2019 (according to Rightmove).