Convey Choice - Geared up for the Mortgage Guarantee Scheme
What is the Mortgage Guarantee Scheme? A new government-backed mortgage scheme will help first time buyers and home movers secure a mortgage with just a 5% deposit. The UK Government's mortgage guarantee scheme provides support for major banking institutions such as Barclays, HSBC, Lloyds Bank, Natwest and Santander to offer 91-95% LTV mortgages, meaning that homebuyers could purchase their home with just a 5% deposit. Mortgages issued under the scheme are backed by the UK Go