On 15 July 2025, the Government published the rules of a new Mortgage Guarantee Scheme (the Scheme) that will be permanently available from July 2025. The Scheme is aiming to incentivise and sustain availability of 91-95% loan-to-value mortgages by providing participating lenders with a government-backed guarantee, insuring them against a portion of their potential losses on those mortgages. Mortgages offered through the Scheme will enable eligible first-time buyers and home movers to buy a home with a deposit as small as 5% throughout the United Kingdom.