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Mortgage Guarantee Scheme

Asked by James McMurdockIndependentTreasuryTabled Answered 24 November 2025UIN 92359

The question

To ask the Chancellor of the Exchequer, what estimate she has made of the mean average value of a property purchased under the Mortgage Guarantee Scheme; and what assessment she has made of the potential impact of the eligibility criteria for that scheme on first-time buyers in Essex.

Answered by Lucy Rigby

The Mortgage Guarantee Scheme is designed to support and sustain the availability of low deposit mortgage products for first-time buyers and home movers with a deposit as small as 5%.

All property types of any value are eligible, and the Scheme will now remain permanently available to lenders in all regions of the UK.

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