95% Mortgage Guarantee Scheme (PROS vs CONS) || HOW TO BUY A HOUSE || 5% Deposit 2022

95% Mortgage Guarantee Scheme was announced as part of the BUDGET (UK). Learn How To Buy a House with 5% deposit. Today we give the FULL BREAKDOWN (PROS vs CONS) vs Help-To-Buy Scheme. We talk about how it works, who is eligible, when it starts, and how to start, etc 😀
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10 Thing I Did Differently To Become Financially Independent - https://thehumblepenny.com/10-things-to-become-financially-independent
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I'm married to Ken and we have two boys aged 6 and 4. I'm a Londoner, born in Hackney! 😎

Day to day, I run the operations of The Humble Penny as a creative - doing everything from marketing to video editing. I studied Multi-media design and technology at Uni.

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I'm a husband, dad, and a First-Generation Immigrant to the UK. I started life poor in the UK and I've spent the last 20 years on a steep journey of Personal Development.

CFO by day with over 12 years experience in the investment business. I'm also a Chartered Accountant and hold an MBA from Cambridge University.

To explore my creativity, I'm a blogger and YouTuber by night. I create from my experiences as a family man and entrepreneur.

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★★ TIME STAMPS ★★
0:00 - intro
01:50 - What is the 95% Mortgage Guarantee Scheme
01:00 - Why are they launching the scheme now?
02:09 - Who is eligible to apply for this scheme?
03:26 - How long is the scheme available for?
03:41 - Does the scheme improve your affordability?
04:57 - Which Lenders Will Offer a Mortgage Under This Scheme?
05:40 - How does the 95% Mortgage Guarantee Scheme differ to the Help To Buy Scheme?
07:32 - Summary of Pros
08:57 - Summary of Cons
★★ About this video ★★

95% Mortgage Guarantee Scheme (PROS vs CONS) || HOW TO BUY A HOUSE || 5% Deposit 2021
Massive thanks for watching and following our channel 😊💛

Best, Mary and Ken Okoroafor

NOTE: For FULL Transparency, some links above may be Affiliate Links. We do NOT offer Financial Advice. Always do your own personal research.

#mortgage #firsttimebuyer #property

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