Zero-deposit mortgages championed by the frontrunner to be the next Scottish Conservative leader are “risky” and would put people in danger of having their homes repossessed, a leading property company has warned.

Russell Findlay has made the “dream” of owning a property one of the cornerstones of his bid to succeed Douglas Ross. However, zero-deposit mortgages are regarded by some experts as having contributed to the 2008 financial crisis.

David Alexander, chief executive of DJ Alexander Scotland, the estate agents, said that Findlay was going down a “risky route”. He said that previous policies offering zero per cent deposit homes “didn’t end well”.

Alexander added: “House prices go up and down and with no equity involved from the buyer they could soon find themselves in



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