• UK mortgage guarantee scheme due to end with no news on replacement

    More than 53,000 mortgages have been completed using scheme, which encourages lenders to offer up to 95% loans100% mortgages are back – will they work for you?A government scheme to encourage UK lenders to offer 95% mortgages is scheduled to end this month, with no word yet on when its replacement will be launched.The mortgage guarantee scheme went live in April 2021 to help buyers with small deposits get on the property ladder. Continue reading...
  • UK mortgages: 100% loans are back – will they work for you?

    The controversial loan has returned. We look at the deals and explain why it’s worth saving up a 5% deposit or moreUK mortgage guarantee scheme due to endSaving up for a deposit is one of the biggest challenges facing would-be homeowners, who can find that each month pretty much all most of their money is being swallowed up by rent and living costs.No-deposit deals – known as 100% mortgages – can provide a lifeline, and in recent months a new crop have come on to the market. Co

Follow @financialnwsUK on Twitter!