Mortgage Express is offering loans of 100 per cent or more loan to value for borrowers without a deposit.
The specialist lender estimates 6,000 people a month cannot afford the 5 per cent deposit normally needed to buy a house.
It says for many people wanting to buy a house their main problem is trying to save enough money to raise the deposit.
In response to its findings Mortgage Express is offering first time buyers up to 102 per cent LTV. For those borrowers already on the housing ladder it is offering up to 105 per cent LTV.