Mortgages for Renters Who Don't Have a Deposit
Get a Mortgage Based on the Rent You Pay, Not Your Salary, Even If You Don’t Have a Deposit
If you’re renting and hoping to buy your first home, you may already feel stuck.
A large part of your income goes on rent every month. That makes saving a deposit difficult. But when you check how much you can borrow, the numbers often come back lower than expected, even though the monthly mortgage payment could be similar to what you’re already paying in rent.
It doesn’t seem to add up.
You’re already proving you can afford regular monthly payments. Yet many lenders still rely on strict income multiples and standard deposit rules. On paper, it can look as though you can’t borrow enough, or that you need to keep saving for years before buying becomes possible.
So what happens next?
Most renters try a few online calculators, see figures that don’t work, and assume buying simply isn’t realistic yet. The plan gets pushed back another year while rent continues to rise and saving becomes even harder.
Meanwhile, you’re still paying hundreds, sometimes thousands, every month just to stay where you are.
But the truth is, those calculators and high street lenders don’t always show the full picture.
There are lenders who take a more practical view.
At CP Mortgage Solutions, we help renters find mortgage options that reflect their real situation, so that you can buy your own home sooner than you thought.
As a whole-of-market mortgage broker with access to over 190 lenders, we can often match you with lenders who:
- Consider the rent you’re already paying when assessing affordability
- Offer low-deposit and, in some cases, no-deposit mortgage options (subject to eligibility)
- Use a more flexible approach than many high street lenders
This can mean you may be able to:
- Borrow more than you could from a high street lender
- Buy with a smaller deposit than you expected, or even none at all
- Secure a competitive mortgage that keeps your monthly payments manageable (and maybe even lower than your current rent)
And you won’t have to navigate the process alone.
We’ll research the market, identify the lenders most likely to accept your situation, prepare your application, and deal with the paperwork and lender communication for you.
You’ll deal directly with us throughout and we can meet remotely in the evening or at weekends if that works better for you.
Most importantly, you’ll get clear answers about where you stand.
You’ll know:
- How much you could borrow
- Whether you actually need a large deposit
- What your likely monthly payments would be
- And whether buying now, or waiting, is the better option
To find out what is possible for you, simply complete the short enquiry form and we’ll arrange a free, no-obligation chat.
You might be closer to buying your first home than you think.
Start My Mortgage Journey
Fill in your details below and one of our expert mortgage advisers will call you back.
Getting a mortgage quote from us will not affect your credit score.
Start Your Mortgage Journey
We will get back to you as soon as possible.
Please try again later.
T. 07990 126982
Why Choose Us?
Because we specialise in mortgages for renters, we can offer you a number of benefits and added extras that you won’t find elsewhere.
Rent-Based Mortgage Experts
Most lenders work from fixed salary multiples, even if you’re already paying a similar amount in rent every month.
We work with lenders who take a more practical view. Some will consider the rent you’re already paying when assessing what you can afford, rather than relying purely on standard income ratios. This can mean a more realistic assessment of your situation from the start, leading to higher borrowing potential and fewer unnecessary restrictions.
Right Lender, First Time
Choosing the wrong lender can waste weeks, and sometimes cost you the property.
As a whole-of-market mortgage broker with access to over 190 lenders, we don’t apply blindly. We assess your income, deposit, and rental history first, then match you to the lenders most likely to approve you. That means stronger applications, fewer declined attempts that could damage your credit rating, and a smoother journey from agreement in principle to completion.
One Adviser. Full Support
Buying your first home involves more than just a lender, there are estate agents, solicitors, valuers and paperwork to manage.

You’ll deal directly with one dedicated adviser throughout, no call centres and no repeating your story. We handle the research, the paperwork, and the communication with the lender, keeping you updated without overwhelming you.
Fast Agreements in Principle
When you’re ready to view properties, timing matters.

By preparing your case properly and matching you with the right lender from the start, we can usually secure an Agreement in Principle within 24 hours, giving you confidence when making offers and showing estate agents you’re a serious buyer.
Flexible Appointments Around You
As a first time buyer, you’re probably juggling work, commuting and saving, and so finding time to talk to a mortgage adviser isn’t always easy.
We offer remote appointments during the day, in the evening, and at weekends. No squeezing calls into your lunch break. No waiting weeks for availability. Just straightforward advice at a time that suits you.
A Mortgage Adviser for Life
Your first mortgage isn’t the end of the journey.

We stay in touch after completion, review your rate when it’s time to remortgage, and help you plan your next move when you’re ready. No starting from scratch every few years. Just consistent support as your circumstances change.
How It Works
1. Contact Us
Complete our short enquiry form
2. We Understand Your Needs
We'll talk to you to understand what you are looking for
3. We Find The Right Mortgage For You
We'll search our panel for the mortgage that suits you
4. Move In To Your Dream Home
Enjoy the house you have worked so hard for!
Start Your Mortgage Journey
Fill in your details below and one of our expert mortgage advisers will call you back.
Getting a mortgage quote from us will not affect your credit score.
Start Your Mortgage Journey
We will get back to you as soon as possible.
Please try again later.
T. 07990 126982
CP Mortgage Solutions is an Appointed Representative of Connect IFA Limited 441505 which is Authorised and Regulated by the Financial Conduct Authority and is entered on the Financial Services Register (https://register.fca.org.uk/s/) under reference 1041441.
The FCA do not regulate some forms of Business Buy to Let Mortgages and Commercial Mortgages to Limited Companies.
The information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.
Your property may be repossessed if you do not keep up repayments on your mortgage.
There will be a fee for mortgage advice, the precise amount will depend upon your circumstances. Your Consultant will confirm the amount before you choose to proceed but we estimate it to be a minimum of £295.
Commission disclosure: We are a credit broker and not a lender. We have access to an extensive range of lenders. Once we have assessed your needs, we will recommend a lender(s) that provides suitable products to meet your personal circumstances and requirements, though you are not obliged to take our advice or recommendation. Whichever lender we introduce you to, we will typically receive commission from them after completion of the transaction. The amount of commission we receive will normally be a fixed percentage of the amount you borrow from the lender. Commission paid to us may vary in amount depending on the lender and product. The lenders we work with pay commission at different rates. However, the amount of commission that we receive from a lender does not have an effect on the amount that you pay to that lender under your credit agreement.
Registered Address: The Old Doctor’s House, 74 Grange Road, Dudley, West Midlands, DY1 2AW Registered in England and Wales registered number: 16637543
CP Mortgage Solutions Limited.
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