5% Deposit Mortgages Announced by the Government | 95% Mortgages for First Time Buyers | Low-Deposit

The Government announced that 95% mortgages will be reintroduced for first-time buyers. The new scheme will help buyers with a 5% deposit get on to the property ladder.

CONTENT
Welcome 00:00
What happened to 95% mortgages? 00:46
Why does Boris want to reintroduce 95% mortgages? 02:09
How will it work? 03:31
Who will be eligible? 07:02
When will it be introduced? 08:25
Outro 10:13

SOURCES
Boris Johnson pledges 95% first-time buyer mortgages (Homes & Property) - https://www.homesandproperty.co.uk/property-news/first-time-buyer-mortgage-scheme-boris-johnson-a140501.html
Boris Johnson's speech (Independent) - https://youtu.be/6eB7DkYY-C8
Help to Buy: Mortgage Guarantee - https://www.helptobuy.gov.uk/mortgage-guarantee/

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TOPICS
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