{"id":1146,"date":"2025-02-05T08:28:09","date_gmt":"2025-02-05T08:28:09","guid":{"rendered":"https:\/\/talenthawk.eu.applyflow.com\/uncategorized\/news-how-to-get-a-95-mortgage-the-new-government-5-deposit-scheme-explained-and-full-list-of-banks-41783\/"},"modified":"2025-11-06T12:22:47","modified_gmt":"2025-11-06T12:22:47","slug":"news-how-to-get-a-95-mortgage-the-new-government-5-deposit-scheme-explained-and-full-list-of-banks-41783","status":"publish","type":"post","link":"https:\/\/www.talenthawk.com\/news\/news-how-to-get-a-95-mortgage-the-new-government-5-deposit-scheme-explained-and-full-list-of-banks-41783\/","title":{"rendered":"How to get a 95% mortgage: The new Government 5% deposit scheme explained, and full list of banks"},"content":{"rendered":"<div>A new Government-backed scheme has launched today that will allow people to apply for a 95 per cent mortgage, with a deposit of just 5 per cent.<\/div>\n<div><\/div>\n<div>\n<div>How does it work?<\/div>\n<div>From today, first-time buyers or current homeowners will be able to apply for a 95 per cent mortgage on properties that cost up to \u00a3600,000, with as little as a 5 per cent deposit, subject to usual affordability checks.<\/div>\n<div><\/div>\n<div>It aims to help provide an affordable route to homeownership by supporting people hwo are trying to save for a large deposit and giving lenders the guarantee they need to provide the mortgages.<\/div>\n<div><\/div>\n<div>The Government will give lenders the option to purchase a guarantee on the top-slice of the mortgage, which means it will compensate them for a portion of the net losses suffered in the event of repossession.<\/div>\n<div><\/div>\n<div>The guarantee will apply down to 80 per cent of the purchase value of the guaranteed property.<\/div>\n<div><\/div>\n<div>Full article &#8211;\u00a0<a href=\"https:\/\/www.msn.com\/en-gb\/money\/other\/how-to-get-a-95-mortgage-the-new-government-5-deposit-scheme-explained-and-full-list-of-banks\/ar-BB1fO1eQ?ocid=BingNewsSearch\">https:\/\/www.msn.com\/en-gb\/money\/other\/how-to-get-a-95-mortgage-the-new-government-5-deposit-scheme-explained-and-full-list-of-banks\/ar-BB1fO1eQ?ocid=BingNewsSearch<\/a><\/div>\n<div><\/div>\n<\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new Government-backed scheme has launched today that will allow people to apply for a 95 per cent mortgage, with a deposit of just 5 per cent. How does it work? From today, first-time buyers or current homeowners will be able to apply for a 95 per cent mortgage on properties that cost up to&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1673,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","footnotes":""},"categories":[38],"tags":[],"class_list":["post-1146","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.talenthawk.com\/af-api\/wp\/v2\/posts\/1146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.talenthawk.com\/af-api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.talenthawk.com\/af-api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.talenthawk.com\/af-api\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.talenthawk.com\/af-api\/wp\/v2\/comments?post=1146"}],"version-history":[{"count":1,"href":"https:\/\/www.talenthawk.com\/af-api\/wp\/v2\/posts\/1146\/revisions"}],"predecessor-version":[{"id":1233,"href":"https:\/\/www.talenthawk.com\/af-api\/wp\/v2\/posts\/1146\/revisions\/1233"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.talenthawk.com\/af-api\/wp\/v2\/media\/1673"}],"wp:attachment":[{"href":"https:\/\/www.talenthawk.com\/af-api\/wp\/v2\/media?parent=1146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.talenthawk.com\/af-api\/wp\/v2\/categories?post=1146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.talenthawk.com\/af-api\/wp\/v2\/tags?post=1146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}