The mortgage guarantee scheme 

The new mortgage guarantee scheme, revealed in Chancellor Rishi Sunak's Budget, will be available to current homeowners as well as first-time buyers looking for a property worth up to £600,000.

But the details - suprisingly - are complicated.  For full guidance follow this link.

The mortgage guarantee scheme is designed to increase the appetite of mortgage lenders for high loan-to-value lending to creditworthy customers

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