Housing Secretary Robert Jenrick said the scheme will help people get a foot on the housing ladder in an “easy and affordable way”. He said: “For too many people, no matter how hard they work, homeownership can seem out of reach. “One
He said buyers should try and put down the biggest deposit they can. The more you put down, the less you will have to pay back later on. “If you come into some money, make a lump sum payment,” Phil said. “You
Ultra-low deposit mortgages are set to make a comeback with a new 5% deposit home loan guarantee scheme. The Chancellor Rishi Sunak today announced the scheme will come into force imminently, with dozens of firms signed up. Rishi Sunak announced a “mortgage
The Chancellor is expected to detail what guarantees the Government will offer lenders to secure such a scheme. If announced, the news will come as welcome relief to many people looking to buy their first homes, when five percent deposits have all