Mortgage Guarantee Scheme Set to Boost First-Time Buyers, Says Moneyfacts - IFA Magazine

Mortgage Guarantee Scheme set to boost first-time buyers, says Moneyfacts - IFA Magazine

With the Chancellor set to deliver her Mansion House speech later today, Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, has shared her comments on the prospects of a Mortgage Guarantee Scheme for FTBs saying: “The much-anticipated replacement of the Mortgage Guarantee Scheme is part of the Government’s plan to boost first-time buyers and will be a permanent policy to improve UK growth. Its creation should create a positive sentimen…

Mortgage Guarantee Scheme a welcome boost - but the market still needs stability | Today's Conveyancer

The Government’s decision to make the mortgage guarantee scheme permanent is a welcome move at a time when home ownership has felt increasingly out of reach for many younger people. As both a professional working closely with the conveyancing sector and a parent to two children in their late 20s who are now considering taking their first steps onto the property ladder, I understand the frustrations felt by would-be buyers all too well. The chall…