Barclays is offering UK borrowers a mortgage with a 100 per cent loan-to-valuation ratio, the Financial Times reports. It is thought to be the first 100 per cent LVR mortgage in the market since before the financial crisis. Barclays is offering the loan to applicants supported by a family member, who must set aside ten per cent of the purchase price in cash for three years. Société Générale has warned its shareholders not to expect a return to pre-crisis profit levels. Deputy chief executive Séverin Cabannes told CNBC: "The returns in the banking industry, the profitability in the banking industry will never come back to the re-crisis level." Cabannes said that under normal business conditions the bank would produce a return on equity of around ten per cent. "I don't say it will be this year," he added.