After days of speculation, chancellor Rishi Sunak confirmed in his Budget speech today that the government will back a new mortgage guarantee scheme.
Sunak has announced a new guarantee scheme to bring back the low-deposit mortgages that he previously said had “virtually disappeared”.
In his budget speech, the chancellor said it was: “a policy who gives people who can’t afford a big deposit the chance to buy their own home.”
But how will the new government-backed 95 per cent mortgages work? And would you be able to get one?
From small deposits to the risks of negative equity, here’s what you need to know about the new measures aimed at giving (some) first-time buyers a helping hand.
Why has Rishi Sunak put 95 per cent mortgages in the Budget 2021?
How to Buy and Finance Luxury Property in France Guide
France is one of the most popular property markets for foreign nationals: we are all aware of the chic appeal of Paris, the enduring allure of the Riviera in the summer or the freshness of the mountains in winter.
Covering everything from search and negotiation to making an offer and the legal processes, the guide will help you fulfil your dream of property ownership in France.