Trinity's brokers secure access to April Mortgage's income stretch and no deposit (100% ltv) mortgages

by Aaron Strutt

Nov 05 2025

Trinity Financial's brokers have secured access to April Mortgages—one of the newest lenders in the market.

When it launched, April Mortgages was one of the UK’s most talked-about lenders — offering no deposit mortgages, long-term fixed-rate deals, and higher income stretch options that help more people get onto the property ladder.

What does April Mortgages offer?

April offers fixed-rate mortgages for up to 15 years, giving borrowers long-term stability and protection from rising interest rates. Their standout feature is an automatic rate reduction — your interest rate can drop as you pay down your mortgage balance and your Loan-to-Value (LTV) improves. This may depend on the product you opt for.

Other highlights include:

• No Early Repayment Charges (ERCs) when moving home or overpaying with your own funds. It is worth noting that if you sell the property on some April products, the early repayment charges are very high.

• Income stretch mortgages, with lending up to around 7× income for eligible borrowers.

• Products for first-time buyers, home movers, and remortgages.

The 100% no deposit mortgage

April’s No Deposit Mortgage (also called a 100% LTV mortgage) allows buyers to purchase a home without saving for a deposit.

It is possible to borrow up to 100% of the property value (no deposit required) when borrowers opt for a fixed mortgage for 10 or 15 years — keeping your repayments predictable. The minimum income requirement is £24,000, and a strong credit history is needed. The automatic rate reduction as you build equity is a nice option to have and is designed to make borrowers' lives easier.

This product targets first-time buyers with a steady income but limited savings — offering a way onto the housing ladder sooner.

Is April's no-deposit mortgage a good idea?

A no-deposit mortgage can be a lifeline for renters struggling to save, but it’s not for everyone, especially as the rates are quite high. However, if you want to own a property and the monthly repayments are affordable, then it may well make sense.  

Pros:

• Get on the property ladder faster. Long-term fixed rates give certainty. The rate may drop automatically as you repay. It is only available for houses and not flats.

Cons:

• Higher interest rates than standard mortgages. Risk of negative equity if property prices fall. Limited flexibility if you want to move early. This includes very high early repayment charges if you decide to sell the property because of a separation with a partner, for example. 

In short: a 100% LTV mortgage is best for buyers with stable income, strong credit, and long-term plans to stay in their home.

Should you consider a no-deposit mortgage?

Aaron Strutt, product director at Trinity Financial, says: "You need to do your research and make sure you are getting the most suitable mortgage product, even if you have no deposit or a smaller deposit. Please do not commit to 10 or 15 years without exploring other options first. 

"If you’re a first-time buyer with good affordability but no savings, April’s no-deposit mortgage could open the door to homeownership. However, for those who can save even a small deposit, a lower LTV mortgage will usually offer better rates and more flexibility.

"April's income stretch product at 7 times salary is probably the most generous in the market, so if you cannot get a mortgage through another lender offering lower rates, and you really want to buy a property, then you may well have fewer options. If you have a larger deposit but need an income stretch, the rates are more competitively priced."

Before committing, speak to a Trinity Financial mortgage adviser. We’ll help you compare April Mortgages’ deals with those of other lenders and decide if a no-deposit mortgage, long-term fixed mortgage, or income-stretch mortgage suits your goals.  Mortgage schemes like Joint Borrower Sole Proprietor are increasing in popularity. 

Get expert mortgage advice from Trinity Financial

At Trinity Financial, our team of experienced London mortgage brokers specialises in helping borrowers secure the right deal. We work with all major lenders and can guide you through the full application process.

Call Trinity Financial on 020 7016 0790 to secure a first-time buyer mortgage or book a consultation

Your mortgage is secured on your property. Your property may be repossessed if you do not keep up repayments on your mortgage