Mortgage Guarantee

The Help to Buy: mortgage guarantee scheme has closed to new loans as of 31 December 2016 as planned. A wide range of 95% loan-to-value mortgage products are available from commercial lenders.

For information on the other government housing schemes please visit: https://www.ownyourhome.gov.uk

If you already have a mortgage through the Help to Buy: mortgage guarantee scheme, you may find the following FAQs helpful:


  • Does the scheme guarantee my payments?

    The scheme does not guarantee your payments – the guarantee protects your lender rather than you (as a borrower) against losses. You are responsible for paying your mortgage under this scheme. Borrowers could lose their home if they do not keep up their mortgage repayments on a Help to Buy supported mortgage in exactly the same way as any other mortgage.


  • What happens if my circumstances change?

    A Help to Buy supported mortgage works in exactly the same way as any other mortgage. Borrowers should contact their lenders, in accordance with the terms and conditions of their mortgages if their circumstances change.


  • What happens if I get in to payment difficulties? Will the Government repossess my house?

    A Help to Buy supported mortgage works in exactly the same way as any other mortgage. If you get into payment difficulties you should contact your lender as soon as possible who will be able to provide advice to you. All forbearance and repossessions will be undertaken by lenders, not the Government.


  • Where can I find out more?

    You can find out more about your Help to Buy: mortgage guarantee direct from your mortgage lender.