A mortgage offer from Barclays for first-time buyers would allow them to borrow without a deposit - if the Bank of Mum and Dad stumps up 10 percent of the purchase price.
The Family Springboard mortgage could mean a FTB borrowing up to £500,000 for up to 35 years. To qualify, a family member must open up a specific savings account with Barclays that will link to the FTB mortgage.
Those savings, making up the 10 percent deposit, are then locked up in a five-year, fixed term as security for the loan.
Their savings will be returned after five years plus any interest with the interest rate set at 1.50 percent above the Bank of England's current base rate of 0.75 percent. At the point, the homeowner will remortgage to a lower loan-to-value mortgage, using any equity gained from their property to reduce their loan.
Barclays has also extended its affordability assessment term from 25 years to 35, giving borrowers greater options on how much they borrow and over how long a period of time.