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

• Updated: 15 July 2025

Support for Mortgage Interest (SMI) helps homeowners on certain benefits pay interest on loans or mortgages - what you'll get, eligibility and how to claim.

• Overview

  You may be able to get help towards interest payments on: the mortgage for…

• What you'll get

  You’ll get help paying the interest on your mortgage or loan. Support for…

• Eligibility

  To be eligible for a Support for Mortgage Interest (SMI) loan, you must…

• How to apply

  When you apply for a qualifying benefit, you’ll be asked extra questions…

• Repaying your loan

  You’ll need to repay your SMI loan as a lump sum with interest if you sell…

• If your benefits stop

  You can still get financial help with your housing costs if your Income…

Official Statistics on the mortgage guarantee scheme.

• Updated: 27 August 2025

How to buy a home: preparing to buy, deciding on a home, making offers, conveyancing, paying Stamp Duty Land Tax and making complaints.

Paper forms which can be used by limited companies to register details about a company charge with Companies House.

• Updated: 13 November 2014

Mortgage Interest Run On is extra money you can get towards housing costs for 4 weeks if your benefits are stopping - eligibility, what you'll get, how to claim

• Updated: 6 May 2025

Details of the rules for lenders offering the Help to Buy: mortgage guarantee scheme.

• Updated: 17 November 2017

Official statistics on the Help to Buy mortgage guarantee scheme.

• Updated: 28 September 2017

Red tape swept away in biggest financial regulation reforms in a decade to boost homeownership and put more money into people’s pockets through the government’s Plan for Change. 

• Updated: 15 July 2025