Guidance

2025 Mortgage Guarantee Scheme

The government has introduced a new, permanent Mortgage Guarantee Scheme helping to support homebuyers with a deposit as small as 5%.

• From: HM Treasury
• Published: 15 July 2025

Documents

2025 Mortgage guarantee scheme rules

PDF, 347 KB, 45 pages

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2025 Mortgage guarantee scheme rules (Accessible)

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Details

The government recognises the difficulties that many aspiring homeowners face in getting on the housing ladder – in particular, the challenge of raising a sufficient deposit for a home. Consistent availability of 95% loan-to-value mortgage products helps to support prospective homebuyers with a small deposit. The new Mortgage Guarantee Scheme, permanently available from July 2025, to sustain availability of 91-95% loan-to-value mortgages by providing participating lenders with a government-backed guarantee, insuring them against a portion of their potential losses on those mortgages. Mortgages offered through the scheme will enable eligible first-time buyers and home movers to buy a home with a deposit as small as 5% throughout the United Kingdom. This page provides further information about the scheme, including its terms and conditions and relevant information for lenders who wish to join the scheme.

Details of previous mortgage guarantee schemes (now closed to new applications) can be accessed here:

• 2013-16 Help to Buy: Mortgage Guarantee Scheme

• 2021-25 Mortgage Guarantee Scheme

Published 15 July 2025