Since the introduction of 100% mortgages by First Active a number of competitors have entered this market.The First Active product is focused on individuals who can prove they are in employment for at least three years ,with the exception being graduates who have completed a three year full time degree course..This will in reality meet most applicants needs but Ics are happy once one years employment can be proven provided the combined income is over 60k. Another feature of the competition is that now only one party needs to be a first time buyer whereas when the product was first introduced this was a necessary requirement for both parties.Parents can now go jointly with their children in 100% mortgages. Anothe rrecent addition to this product range is their extension to longer term mortgages.Originally this was set at 25 years and this has now been extended to 35 years thus extending borrowing capacity. Competition has also improved the rate scene with permanent tsb offering their full rate matrix on trackers whereas first active and ulster tracker rates for 100% mortgages is set at euribor plus 1.25%. With the product range changing so quickly it is important to obtain independent advice.So talk to our advisors to get all the latest facts.