NewBuy Available

The first ever government-backed mortgage indemnity scheme is now available. The NewBuy Guarantee scheme aims to help homebuyers who only have access to a 5% deposit. Under the new programme, developed jointly by the Council of Mortgage Lenders and Home Builders Federation (HBF), 95% percent mortgages will be made available to existing homeowners as well as first-time buyers (FTBs) on new-build properties (houses and apartments) worth up to £500,000.

_{*Terms & conditions apply.}