95% GOVERNMENT BACKED MORTGAGES HAVE ARRIVED

21st April 2021

A new government-backed mortgage scheme will help first time buyers or current homeowners secure a mortgage with just a 5% deposit.

First announced at the Budget, the scheme will help first time buyers or current homeowners secure a mortgage with just a 5% deposit to buy a house of up to £600,000 – providing an affordable route to homeownership for aspiring homeowners.

The scheme is now available from lenders on high streets across the country, with Lloyds, Santander, Barclays, HSBC and NatWest launching mortgages under the scheme today and Virgin Money following next month.

If you’re looking for advice on choosing the right option for you, please get in touch with our team on 0345 450 0200.

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Nicci C

November 2020

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