In the UK currently is it best to buy a flat with 100% Morgage or save 10% deposit?

Due to the ever increasing house prices, is it best to get on the ladder ASAP with a 100% morgage or wait for 2 years while I save up to reduce the interest rate?

Answers:
Buy now with as much deposit as you can find. 100% mortgages may well charge you a higher rate so make sure you get one which allows you pay a chunk off without penalty and save the amount required for your provider to be able to offer you a lower rate when you do. It will take time doing the research but I wouldn't risk another price boom which could easily negate any savings you may make if you wait.

Other answers:
A reduced interest rate is the better way to go.
A reduced interest rate is the better way to go.
depends on where you are buying, some areas are not increesing in value at all at the moment so check in to that first. personally i would buy now if you can and try to put down around 5%.
  • how do you get red finger nail polish out of white carpet. please help?
  • effect of pylon on house price?
  • how long do you have to wait to play badmitten on new grass?
  • How can I make a chipmunk trap?
  • Anyone have any home remedies for getting rid of flies/gnats?
  • What is best trap or method to use to catch a mouse (alive or dead)?
  • What is a green roof?
  • Any collectors out there ?
  • I found tiny little brown furry bugs surrounded by my apt. can anyone minister to me identify them?