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Faisal Hameed Faisal Hameed

So, How Affordable Are UK Government 95% Backed Mortgages?

In a bid to help the UK’s current buoyant housing market, the government has released a new scheme on the 19th of April 2021 called the 95% backed mortgage scheme. Several lenders, to include Halifax, Lloyds, Bank of Scotland, Santander Natwest, HSBC and Barclays are now offering these mortgages to assist the amount of deals that are possible for homebuyers with limited equity or a low deposit…

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