Big News: 100% Mortgages Are Back and Prosper Can Now Offer Them Through April Mortgages!

Why April Mortgages Matters

April Mortgages was founded in the Netherlands in 2014, building a reputation for simplicity and innovation. A decade later, they expanded into the UK with a fresh approach to home finance. Over time, many brokers have watched their development closely — and we’re proud to now bring their capabilities to our clients.

What makes April stand out:

• 100% LTV / No Deposit Products – you could borrow the full value of the property (conditions apply).

• Automatic rate reductions as your LTV improves — your interest rate can drop over time.

• No early repayment charges when you move home or fully repay using your own funds.

• Unlimited overpayments with no penalty.

• Up to 7× income lending (for certain products).



• Reduced distribution — only ~30% of intermediaries currently have access to April’s products, giving us a competitive edge.

What This Means for Clients Trying to Get On the Ladder

1. Barrier to entry lowers — saving for a deposit is one of the biggest hurdles. 100% LTV means clients don’t need that upfront deposit.

2. More borrowing potential — up to 7× income can help higher earners with limited deposits.

3. Rewards for progress — as you repay and your LTV improves, your rate automatically reduces.

4. Flexibility built in — unlimited overpayments and no ERCs give you more freedom.

A Balanced View

While 100% mortgages open up exciting opportunities, they also come with risks:

• Higher interest rates than lower-LTV products.

• Negative equity risk if house prices fall.



• Stricter credit and affordability checks for responsible lending.

That’s why these products won’t suit everyone — but for the right client, they can make the dream of homeownership a reality.

How Prosper Will Use April Mortgages

At Prosper, our approach will be to:

• Help clients with limited or no deposit access the market.

• Provide flexible mortgage options that suit different life stages.

• Ensure every client understands the benefits and risks of 100% lending.



• Use April’s exclusive features to deliver tailored solutions.

If you or someone you know has been held back by the deposit hurdle, let’s talk. 

April Mortgages could be the key to unlocking your first home.

Contact Prosper Mortgage Solutions today to explore your options.

“Your home may be repossessed if you do not keep up repayments on your mortgage.”