Accoring to one leading mortgage expert, the number of people borrowing more than a 100% of the value of their property is increasing.
Some consumers are borrowing up to 125 per cent to give them extra money for decorating and furnishings, reports the Daily Mail - which might lead to further mortgage debt.
A spokesman for John Charcol commented: "A 100 per cent mortgage will make sense as long as you can pay it and is it affordable."