From 1st July the Council of Mortgage Lenders is integrated into a new trade association, UK Finance. For the time being, all UKF mortgage information will continue to be published on this website, and UKF member-only mortgage information will only be available here.

UK Finance represents around 300 firms in the UK providing credit, banking, markets and payment-related services. The new organisation takes on most of the activities previously carried out by the Asset Based Finance Association, the British Bankers’ Association, the Council of Mortgage Lenders, Financial Fraud Action UK, Payments UK and the UK Cards Association. Please go to www.ukfinance.org.uk for wider content and updates from UK Finance.

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Help to Buy Mortgage Guarantee scheme

Last updated: 4 January 2017

At a glance

  • Help to Buy was announced in the March 2013 Budget. It is a package of measures that was introduced to increase the supply of low-deposit mortgages for credit-worthy households. There are two elements:
  • The HTB Mortgage Guarantee scheme was intended to be a temporary measure. It opened on 2 January 2014 and closed on 31 December 2016. The guarantee is valid for seven years after the mortgage originated.
  • The scheme was designed to increase lending to creditworthy households with deposits of 5% to 20% by providing a guarantee to lenders in the event that the 
  • HM Treasury publishes quarterly scheme statistics.

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The following content is available for Members only. If you are a member of this group please login or register to gain access.

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