Happy news for home buyers in government's 2021 Budget
The Budget has brought good news for homebuyers. The government is launching a mortgage guarantee scheme to allow lenders to accept 5% deposits. NatWest, Barclays and HSBC are among the large lenders on board. It will launch on April 2021 for properties under £600,000 and lenders must offer a five-year fixed rate as an option. It is open to all homebuyers, not just first-time buyers, however those buying to let and those purchasing second homes are excluded. The scheme will end in December 2022.




























