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Provides background on why the government has introduced a mortgage guarantee scheme, and how it works. The scheme is open to new 95% mortgages until 30 June 2025, with participating lenders offering 95% mortgages under the government guarantee from 19...
This Charter sets out the standards lenders will adopt when helping their customers; signatories will provide borrowers with new flexibilities to manage their mortgage payments over a short period.
Voluntary arrangements
Over three quarters of mortgage lending in the country is now covered by the commitment, helping more people get on with their lives
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