Mortgage guarantee scheme with 5% deposit extended again - how it works explained

Mortgage guarantee scheme with 5% deposit extended again - how it works explained

The Mirror - UK News·2023-11-23 01:02

The mortgage guarantee scheme allows would-be property buyers access to 95% loan to value (LTV) mortgages - meaning you need a 5% deposit - on properties worth up to £600,000

The mortgage guarantee scheme, which allows first-time buyers to take out a mortgage with a 5% deposit, has today been extended again.

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